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Daily Update

Russia Withdraws Troops and Stocks Rally

Russia Withdraws Troops and Stocks Rally

By Michael Lebowitz and Lance Roberts | Feb 16, 2022 | Daily Market Commentary
Stock prices have been on a roller coaster, tracking the ebbs and flows of a potential conflict in Ukraine. On Monday, CNN reported that Russia would invade on Wednesday. We w...
Energy Stocks Finally Break

Energy Stocks Finally Break

By Michael Lebowitz and Lance Roberts | Feb 15, 2022 | Daily Market Commentary
Energy stocks have finally taken a break from their upwards progress as they led the market lower on Monday. Before yesterday, the energy sector had been on an absolute tear f...
Russian Invasion of Kyiv Helps Gold and Oil

Russian Invasion of Kyiv Helps Gold and Oil

By Michael Lebowitz and Lance Roberts | Feb 14, 2022 | Daily Market Commentary
Rumors were flying on Friday that a likely invasion of Kyiv by the Russians is imminent. PBS claims Russian President Putin has communicated invasion plans to his military. Pr...
Bond Investors Fret: Bullard Calls for 100bps by July

Bond Investors Fret: Bullard Calls for 100bps by July

By Michael Lebowitz and Lance Roberts | Feb 11, 2022 | Daily Market Commentary
Bond investors panicked yesterday on higher than expected inflation. The most noticeable yield changes occurred in the shorter maturities as shown below. To wit, the yield on...
Bostic Downplays Inflation and Stocks Run

Bostic Downplays Inflation and Stocks Run

By Michael Lebowitz and Lance Roberts | Feb 10, 2022 | Daily Market Commentary
Atlanta Fed President Raphael Bostic, one of the more dovish members of the FOMC, anticipates hiking interest rates three to four times this year. Per CNBC Bostic said:...
Markets Calm Ahead of the CPI Storm

Markets Calm Ahead of the CPI Storm

By Michael Lebowitz and Lance Roberts | Feb 9, 2022 | Daily Market Commentary
Thus far in February, the volatility in markets is calm compared to the violent sessions of late January. To wit, the difference between the high and low for each trading day...
Treasury Yields Hitting Key Levels

Treasury Yields Hitting Key Levels

By Michael Lebowitz and Lance Roberts | Feb 8, 2022 | Daily Market Commentary
The yield on the benchmark 10-year Treasury is approaching 2%. The last time 10-year Treasury yields were above 2% was in January 2020. Since the Pandemic, the U.S. Treasury h...
Earnings Volatility And A Red Hot Labor Market

Earnings Volatility And A Red Hot Labor Market

By Michael Lebowitz and Lance Roberts | Feb 7, 2022 | Daily Market Commentary
Individual stocks continue to show extreme volatility around their respective earnings announcements. The latest round of volatility occurred Friday as markets witnessed extre...
Meta And The BOE Lead Markets Lower

Meta And The BOE Lead Markets Lower

By Michael Lebowitz and Lance Roberts | Feb 4, 2022 | Daily Market Commentary
Stocks traded lower Thursday in large part due to Meta (Facebook) and the Bank of England (BOE). Meta fell short on earnings while losing subscribers, and the BOE raised inter...
Paypal Plummets, Meta Dumps, and Google Soars

Paypal Plummets, Meta Dumps, and Google Soars

By Michael Lebowitz and Lance Roberts | Feb 3, 2022 | Daily Market Commentary
This earnings season seems to be generating more volatility than is typical. Yesterday's earnings releases were no exception. Paypal fell over 20% despite only missing earning...