Weekly Commentary | Sept 5, 2022

Macro Picture

As the pivot fades, so have stocks in the last few weeks  Stocks finished lower again last week as the markets imbed the implications of Jackson Hole and other messages from the Fed that had hawkish overtures.  This is evident in interest rates being pushed higher with the 10-yr hitting 3.22%.  Before easing on Friday morning, the 2-yr yiel…