Weekly Commentary | February 18, 2024 | What To Buy?

Summary

• Markets finished lower for the week, with the Nasdaq down over 1% and the Dow flat.

• Oil prices rose almost 3% on the week and are up almost 10% for the trailing month.

• Recent inflation reports came in hotter than expected, leading to a narrative shift towards higher-for-longer.

Macro Picture

Markets finished lower, marginally, for the week with the N…