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Was April just a mirage? After the strongest month for the S&P 500 since 1987, equities started off the month of May with a big thud. The S&P 500 finished the week with another ’Corona Friday’ falling 2.8% for the worst start to a month since…last month. How quickly we forget, don’t we? Last month, the S&P 500 kicked off April with a decline of over 4% and then rallied more than 17% for the remainder of the month. Here’s to hoping the encore is even better!.
In this week’s Bespoke report, we cover all of this week’s market and economic data and cover the latest trends so far in earnings season. To read the report and access everything else Bespoke’s research platform has to offer, start a two-week free trial to one of our three membership levels. You won’t be disappointed!