GMTX - Wall Street Breakfast: What Moved Markets

Listen on the go! A daily podcast of Wall Street Breakfast's Alpha Talks will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. The S&P 500 closed the week at another record high, posting its best weekly performance since February, as investors bet that higher inflation will be temporary as the economy continues to push out of the pandemic. A parade of speakers from the Federal Reserve, including Chairman Jay Powell, eased concerns about rate tightening anytime soon, but the shallow breadth of this week's stock market rally has some observers worrying that the run higher is looking a bit tired. The S&P 500 rallied 2.7% for the week, the Dow gained 3.4% for its best week since mid-March, and the Nasdaq climbed 2.4%. Meanwhile, the bond market spent most of the week barely moving, but the long end of the Treasury curve saw some selling Friday as

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Wall Street Breakfast: What Moved Markets