Forty "W"ritings

S&P 500 earnings for 1Q24 just recently kicked off with reports from the major financial firms. In this weekly, we wanted to provide an overview of what investors could expect over the next few (busy) weeks for earnings

Last week, investors absorbed hotter-than-expected inflation data on both a month-over-month and year-over-year basis. The elevated inflation readings further call into question if the Fed will be able to cut rates anytime soon.

In April 2020, the U.S. economy exited a short but painful recession due to the COVID lockdown. After four years, the question is where are we in the economic cycle? When can the Fed cut rates?

Last week we finished what turned out to be a stellar quarter for equity investors. The S&P 500 made 22 fresh new record highs in the first quarter alone. The U.S. was not alone in the robust rally.