Liontree Weekly Update
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Liontree Weekly Update
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202620252024

Putting aside all the geopolitical tensions, Artemis II’s successful launch on Wednesday was an exciting milestone (in addition to my son’s 15th birthday on that day😊). What was really mindboggling to hear was how fast the rocket was going! Over 17,000 mph! And that is just on the way up. In addition to being the first crewed lunar flight in 50+ years.....

Geopolitical concerns spiked even higher this week, sharply dragging down the major indices (the S&P 500 fell -1.9% and Nasdaq fell -2.1%). The war’s implication on oil dominated headlines…Saudi Arabia’s warning that crude could exceed $180/bbl if disruptions persist past April caused a bit of a stir. Regarding the Fed rate meeting, as expected, current rates were maintained, but the hawkish bent concerned the Street, plus PPI was hotter than expected.

Geopolitical concerns spiked even higher this week, sharply dragging down the major indices (the S&P 500 fell -1.9% and Nasdaq fell -2.1%). The war’s implication on oil dominated headlines…Saudi Arabia’s warning that crude could exceed $180/bbl if disruptions persist past April caused a bit of a stir. Regarding the Fed rate meeting, as expected, current rates were maintained, but the hawkish bent concerned the Street, plus PPI was hotter than expected.