IAT

Weekly Report: what happened at IAT last week (0429-0503)?

Fed Balance Sheet QT: -$1.60 Trillion From Peak To $7.36 Trillion, Lowest Since December 2020

Total assets on the Fed’s balance sheet fell by $77 billion in April, to $7.36 trillion, the lowest since December 2020. Since the end of pandemic QE in April 2022, the Fed has shed $1.60 trillion. The Fed has removed 38% of Treasury securities and 27% of MBS from the balance sheet.

April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market

April's top-performing sector and industry exchange-traded funds of the month. The S&P 500 Index finished April on a downturn, declining by approximately 3%. Only the utilities sector managed to avoid losses in April. The real estate sector experienced the worst performance, down by over 7%. Only five out of the 25 industries reported gains for the month of April.

Another Bank Failure, What It Means

Weekly Report: what happened at IAT last week (0422-0426)?

U.S. equities see the largest net buying since late February - GS

U.S. Equities see the largest net buying since late February - Goldman Sachs. The S&P 500 was down for the third straight week and traded lower for six straight sessions. Bitcoin-sensitive stocks, winners of the last 12 months underperformed. Overall U.S.-based equities saw the biggest net buying of the year.

Weekly Report: what happened at IAT last week (0415-0419)?

Why U.S. Bancorp Shares Are Diving Premarket Today

U.S. Bancorp reports first-quarter FY24 results. Revenue stood at $6.7 billion, down 6.4% Y/Y. Net interest income fell 14.0% to $4.0 billion due to impact of higher interest rates on deposit mix and pricing.