Your Friend the Fed

Your Friend the Fed

OVERVIEW   In a reversal of what we’re used to seeing this year, Big Tech got overshadowed by the smaller, more economically sensitive stocks. The tech-heavy Nasdaq fell about 0.6%, while the S&P 500 rose about 2.1%, and the Dow gained roughly 4%. The...
Three’s Company

Three’s Company

OVERVIEW   The U.S. stock market rebounded aggressively last week. The S&P 500 gained 7.32%, the Dow rose 6.87%, and the tech-heavy Nasdaq surged a whopping 9.01%. The rally once again centered around large-cap growth stocks; in other words, the big tech...