Weekly Commentary | February 5, 2023 | Update To Active Income Portfolio
Macro Picture
Stocks continued their winning ways, especially growth stocks, as interest rates came down and the Fed underwhelmed the hawks. The S&P 500 Index reached an intraday high of 4,195 on Thursday, its best level since late August and just ~9% below the record high.
On Thursday, the S&P 500 marked its first “golden cross” in two-and-a-half years,…
