Chris Broussard

Yields Continue to Fall and Push Markets Higher

Yields Continue to Fall and Push Markets Higher

Market Data as of Week Ending: 12/1/2023 unless noted otherwise Equities were higher on the week as economic data and Fed speak supported the narrative that the rate hike cycle is at the end. All size and style factors provided positive returns, but value outperformed...

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Stocks Continue Momentum Over Holiday-Shortened Week

Stocks Continue Momentum Over Holiday-Shortened Week

Market Data as of Week Ending: 11/24/2023 unless noted otherwise Stock prices continued their march higher as the S&P 500 gained 1.04% over the holiday-shortened week, marking the fourth consecutive positive week. With nearly all third-quarter results in as of...

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Cooler-Than-Expected Inflation Pushes Markets Higher

Cooler-Than-Expected Inflation Pushes Markets Higher

Market Data as of Week Ending: 11/17/2023 unless noted otherwise Stock prices moved higher for the third consecutive week as a cooler-than-expected inflation report bolstered the belief that the Fed is finished with its rate-hiking campaign. Gains for the week were...

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Market Posts Narrow Gains as Yields Stabilize

Market Posts Narrow Gains as Yields Stabilize

Market Data as of Week Ending: 11/10/2023 unless noted otherwise Stock prices continued their move higher as the S&P 500 matched its longest winning streak in nearly two decades with eight consecutive daily gains. As earnings season comes to a close for the...

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Stocks Post Strongest Week in Over a Year

Stocks Post Strongest Week in Over a Year

Market Data as of Week Ending: 11/3/2023 unless noted otherwise Stock prices ended the week markedly higher as the S&P 500 recorded its strongest week in over a year after signs of a cooling labor market boosted confidence that the Fed may be done raising rates....

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Stock Prices and Yields End the Week Lower

Stock Prices and Yields End the Week Lower

Market Data as of Week Ending: 10/27/2023 unless noted otherwise Stock prices declined again for the week as investor sentiment was lowered by the combination of elevated bond yields and geopolitical risks. Quarterly earnings for companies in the S&P 500 were...

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Stocks Prices Decline Despite Economic Strength

Stocks Prices Decline Despite Economic Strength

Market Data as of Week Ending: 10/20/2023 unless noted otherwise Stock prices declined as the combination of rising bond yields and geopolitical concerns were headwinds for risk assets. Quarterly earnings for companies in the S&P 500 were disappointing last week...

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Bond Prices Rebound on Flight to Quality

Bond Prices Rebound on Flight to Quality

Market Data as of Week Ending: 10/13/2023 unless noted otherwise Stock prices were mixed again last week as investors shifted their focus to quarterly earnings and inflation data. Quarterly earnings were expected to decline -0.3% in the third quarter following three...

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Rising Yields as Growth Surprises to the Upside

Rising Yields as Growth Surprises to the Upside

Market Data as of Week Ending: 10/6/2023 unless noted otherwise Stock prices were mixed again last week as investor sentiment improved for growth. The S&P 500 ended with a gain, following four consecutive weekly declines. Near-term risks have become more balanced...

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Yields Trend Higher With Elevated Oil Prices

Yields Trend Higher With Elevated Oil Prices

Market Data as of Week Ending: 9/29/2023 unless noted otherwise Stock prices were mixed as the recent rise in investor skepticism held, and the S&P 500 declined for the fourth consecutive week. The combination of higher interest rates, elevated oil prices, and the...

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