Weekly Market Recap | 07/15/24
What happened last week Softening Economic Data: Cooler than expected inflation data weighed on interest
Intuitive technology that supports your advisors
Goals-based strategies managed by Horizon Investments
Our latest thoughts, in and on the media
Our regular look at the market’s most revealing number
Our in-depth thinking on goals-based investing
What we do—and why we do it
What we do—and why we do it
Topics
What happened last week Softening Economic Data: Cooler than expected inflation data weighed on interest
What happened last week Price Action: MAG-7 leads U.S. equity indices to fresh all-time highs
What happened last week Reversion Price Action: Year-to-date equity trends continued their reversal last week;
What happened last week AI vs. the Rest: Year-to-date equity trends reversed last week as
All eyes were once again on interest rates last week, as the European Central Bank
Categories
Topics
What happened last week Softening Economic Data: Cooler than expected inflation data weighed on interest rates; September rate cut now the base case. Equity Markets
What happened last week Price Action: MAG-7 leads U.S. equity indices to fresh all-time highs as small-caps and large-cap value decline. Softening Economic Data: Unemployment
What happened last week Reversion Price Action: Year-to-date equity trends continued their reversal last week; small caps and internationals led U.S. mega-cap technology. U.S. Debate:
What happened last week AI vs. the Rest: Year-to-date equity trends reversed last week as small-caps led mega-cap tech; quarter/month-end and specific product rebalancing flows
All eyes were once again on interest rates last week, as the European Central Bank (ECB)—the eurozone’s equivalent of the Federal Reserve Board–raised interest rates