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NYSE 🏛
NYSE
A day of optimism and closure as equity markets end Q1 with the best start since 2019. Ahead of the long holiday weekend @mreinking gets you up to speed in this week’s #NYSEBriefs pic.twitter.com/M3bPCMwy1P
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Liz Ann Sonders
LizAnnSonders
Energy outperformed today, followed by Utilities and REITs; “growth trio” of Comm Serv, Tech, and Cons Discr fell, with Comm Serv doing worst; Energy finished first in March and is now second YTD … small caps did relatively well but Russell 2000 Value dominated today (still… pic.twitter.com/BPCV6R0Rcp
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Liz Ann Sonders
LizAnnSonders
March ⁦@KansasCityFed⁩ Manufacturing Index slipped to -7 vs. -4 est. & -4 in prior month … new orders deteriorated to -17, prices paid rose to +17, and production fell to -9 … average workweek reversed back into contraction and employment remained in contraction pic.twitter.com/xYtiJEAhed
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Mohamed A. El-Erian
elerianm
The link to Fed Governor Waller’s speech on the economic outlook: www.federalreserve.gov/newsevents/speech/waller20240327a.htm Markets will undoubtedly focus on his pushback against early rate cuts as progress in the battle against inflation “may have stalled” (see attachments please). This speech will increase the… pic.twitter.com/Rd6WJ7yc5A
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