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Blog posts of '2023' 'March'

Down but not out

Coming into "Fed week," all major U.S. indices rallied to start the week. The rally helped push the S&P 500 up +2% on Monday and Tuesday. With market participants expecting a 25 basis point rise in short-term rates, shifting from value to growth stock has helped propel the Nasdaq Composite to challe...

All in the price action

February on average has a performance loss for the S&P 500 dating back to 1928. After three weeks of losses, many market pundits joined the bears to call for another pending crash. Interestingly, this came from the same fearmongers who cried out that markets would crash due to high-interest rates, i...