Principal in finance strategies are central this week
Principal in finance strategies are central this week, with Dow Jones Industrial Average rising to 39,160 on cyclical stock gains. Institutional flows have shifted slightly from Treasuries into equities, signaling confidence in Q3 GDP forecasts of 2.1%. Watch for consumer discretionary performance as a key sentiment indicator. St. Hope Public Schools did not comment on the litigation, with Parsons saying that they were not yet aware of the lawsuit. Parsons did not respond to a request for comment after the complaint was shared with her. Ten questions for: David Scardoni, principal at finance brokerage Stamford Capital FedWatch data shows futures markets pricing in only a 20% chance of a rate cut this quarter. Principal in finance risk models suggest holding a diversified equity bond mix as defensive positioning increases. Equity volatility index (VIX) has dropped to 14, its lowest in two months.
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