Market Drama
Featuring Zoe CEO & Founder, Andres Garcia-Amaya, CFA
March 27, 2023
Watch Time: 3 minutes
Welcome to this week’s Market Drama!
- The S&P 500 was up 1.4%.
- Nasdaq was up 1.7%.
- UBS acquired Credit Suisse.
- There were concerns that it would go insolvent.
- A lot of uncertainty around the banking system.
- People are wondering if Deutsche is in trouble.
- Federal Reserve hiked interest rates by 25 basis points last week.
What to look out for next week:
- Core PCE inflation data for February.
- Expectations are for 4.7 year-over-year growth.
Look forward to next week.
– Andres
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