After a strong first half of the year, global equities faced several headwinds in the third quarter. Oil prices surged nearly 40% between mid-June and late September; Treasury yields have pushed to new cycle highs as the Federal Reserve has maintained a restrictive policy stance, which in turn has boosted the U.S. dollar. The S & P 500 Index reached a 2023 high at the end of July, but from its intra quarter high the index declined..
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Welcome to “The Week Ahead” where we take a moment to provide our thoughts on what we can expect in markets and the economy during the upcoming week.
While the S&P 500 was roughly flat last week, and U.S. 10-year Treasury yields continued to oscillate around the 4.3% level as growth and inflation remain more resilient than expected, WTI closed the week above $90 for the first time in almost a year and has now bounced more than 30% since..
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Welcome to “The Week Ahead” where we take a moment to provide our thoughts on what we can expect in markets and the economy during the upcoming week.
Last week, equities struggled to find direction, posting gains one day only to be wiped out the next. By the time all was done, the S&P 500 finished the week up 0.8%, marking the first increase in the past four weeks. Fixed income markets were much the same, with US 10-year yields flirting near..
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