04.30.23
Market Perspectives — April 2023
Breadth in the market has been narrow with the technology and communication services sectors accounting for the lion’s share of the S&P 500 gain this year.
Breadth in the market has been narrow with the technology and communication services sectors accounting for the lion’s share of the S&P 500 gain this year.
Despite a very volatile environment, markets climbed a wall of worry and finished higher in March shrugging off continued inflation concerns, a rate hike, and a banking crisis.
Stocks and bonds declined for the month of February as the yield curve inversion flashes a warning sign to the economy. Meanwhile, an influential dove leaves the FOMC nest heading for the White House.