Waycross Partners continually seeks opportunities to increase communication and transparency between our investment team and our clients. As such, we hope you find that the commentary and information presented below provides you with additional insights into the markets and our thoughts surrounding them.
As the NASDAQ hit a new record high and the S&P 500 turned positive for the year, many market experts have been pondering the historic run since the pullback in Q1 2020, and their thoughts seem to share the same theme — this market rally feels more like a bubble
The May jobs report was released this morning and was much better than expected, with the US unemployment rate falling to 13.3% as payrolls rose by 2.5 million, rather than the expected additional job losses and a rise in the unemployment rate to around 19%. According to Bloomberg, out of
Stocks finished higher for the week led by energy, tech, and consumer discretionary. However, stocks have largely been in a holding pattern since mid-April, when first-quarter earnings reports began coming out. The April employment report showed that nonfarm payrolls fell by 20.5 million last month, erasing roughly all the jobs
The S&P 500 was down 1.3% for the week, snapping a two-week winning streak. President Trump signed a $484 billion stimulus package that will add to funds for small-business lending and direct money to hospitals and efforts to ramp up U.S. testing capacity in the fight against COVID-19. The bill
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