Aviso Weekly Market Pulse: November 14th – November 18th

Nov 21, 2022

Market developments

Equities:
The lower-than-expected PPI data drove the S&P 500 above 4000, before James Bullard’s comments pushed rates higher and the U.S market lower. The S&P 500 ended the week down less than 1% and didn’t have more than 1% +/- move any day this week as volatility took a breather despite Fed comments and the turmoil in the crypto market.

Fixed income:
We saw some volatility in rates following the better-than-expected CPI release last week. On Tuesday, the PPI data came in lower-than-expected driving 10yr US rates below 3.7% before Fed of St-Louis President, James Bullard, urged policy makers to raise rates further, stating the level will need to be higher and drove rates back above 3.8% to finish the week.

Commodities:
Crude oil fell to a six-week low on Friday as the over 24,000 COVID cases in China raise concerns over their demand. Commodity markets remain under pressure as China’s zero-Covid restrictions have supressed economic growth. Some looser quarantine rules could suggest that end is in sight, however the country’s economy remains weak, pressuring the demand for oil.

Read more…

Recent Posts

Aviso Weekly Market Pulse: April 1st – April 5th

Market developments Equities: U.S. stocks climbed on Friday after a stronger-than-expected March jobs report, but the S&P 500 is still headed for its biggest weekly decline since the first week of the year amid rising geopolitical concerns and hawkish signals from...

Aviso Weekly Market Pulse: March 25th – March 28th

Market developments Equities: The S&P 500 Index saw modest weekly gains, propelling equities to their most impressive first-quarter performance since 2019, bolstered by the latest U.S. GDP figures. These numbers fueled speculation that the Federal Reserve might...

Why, when and how to rebalance your portfolio

Your investment portfolio needs a plan to help you reach your financial goals. Asset allocation is a relatively straightforward investment strategy that can help you to balance investing risks and rewards. An asset allocation strategy establishes the relative...

NEI Monthly Market Insights: February 2024

Markets leap forward in February The market rally continued into February in equities, with resilient economic data and relatively strong earnings reports fueling the S&P 500 Index to new record highs in February, gaining 6.9% for the month. Both the Nasdaq and...

Aviso Weekly Market Pulse: March 18th – March 22nd

Market developments Equities: Stocks experienced a slight decline on Friday, halting the week's rally triggered by the Federal Reserve's commitment to potential interest rate cuts this year. Despite the day's decline, the S&P 500 is poised for its most significant...

Aviso Weekly Market Pulse: March 11th – March 15th

Market developments Equities: The S&P 500 ended the week slightly down, as tech stocks sold off, coinciding with a significant Friday options expiration with approximately $5.3 trillion in options set to expire, adding to the market's volatility. With earnings...