Risk Premium

Risk Premium

OVERVIEW   Markets leaned more risk-off last week, with pressure concentrated in large-cap growth. The S&P 500 fell 1.39%, the Dow Jones Industrials lost 1.23%, and the NASDAQ dropped 2.10%. The damage was most visible in mega-cap names, as the S&P 100...
Profit Taking

Profit Taking

OVERVIEW   Markets were mixed last week, with sharp rotation beneath the surface. The S&P 500 slipped 0.10%, while the Dow rose 2.50%. The NASDAQ fell 1.84% after a tech-led selloff earlier in the week, though a rebound on Friday helped stabilize sentiment....
The Balance of Risk

The Balance of Risk

OVERVIEW   Markets pulled back modestly over the week, with most U.S. equity indexes finishing slightly lower. Large-cap stocks were under mild pressure, as the S&P 500 fell 0.35% and the Dow Jones Industrial Average declined 0.53%. The NASDAQ was essentially...
Deep Bench

Deep Bench

OVERVIEW   Markets pulled back modestly during the week, with mixed results across major asset classes. Large-cap U.S. equities were under mild pressure, as the S&P 500 declined 0.38% and the NASDAQ fell 0.66%. The Dow Jones Industrial Average slipped 0.29%,...
Evidence From the Bull Pen

Evidence From the Bull Pen

OVERVIEW   Markets opened the new year on a constructive note, with broad-based gains across most major asset classes. U.S. equities moved higher, led by cyclical and value-oriented areas. The Dow Jones Industrial Average rose 2.32% on the week, while the S&P...