Bret Kenwell
Investment Analyst,
eToro US
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About Bret
Bret Kenwell is the US Investment Analyst at eToro, the trading and investing platform empowering you to invest, learn, and share. He has spent his career focused on market research and analysis. Mr. Kenwell’s work has been featured on CNBC, Bloomberg, Yahoo! Finance, TheStreet, Nasdaq, among many other publications. Prior to joining eToro, he worked as a financial journalist at TheStreet covering a variety of beats including the auto sector, technology space, and most recently the technical setups for the U.S. indices and individual stocks.
Bret's Articles
Rising inflation and climbing Treasury yields have already pushed investors to shift the narrative from interest rate cuts to potential rate hikes. Wednesday’s Federal Open Market Committee update made that outcome look a lot more realistic, maintains Bret Kenwell, US investment analyst at eToro US.
Bret Kenwell
FEDERAL RESERVE
Yesterday’s inflation report showed the highest year-over-year reading in almost three years. Even after stripping out energy prices, core PCE is sitting at a multi-year high. But investors have still been looking through the data and leaning into the tech trade, observes Bret Kenwell, US investment analyst at eToro US.
Bret Kenwell
STOCKS
A stronger-than-expected April jobs report gave investors a second straight upside surprise, a welcome development after an uneven stretch for the labor market. Payrolls rose while the unemployment rate held steady at 4.3%, although average hourly earnings were a bit light, writes Bret Kenwell, US investment analyst at eToro US.
Bret Kenwell
ECONOMICS
Tech has had an impressive rebound so far this quarter, with semiconductors leading the charge. Now, investors are hoping mega-cap tech can help further fuel the breakout, as Amazon.com Inc. (AMZN), Apple Inc. (AAPL), Microsoft Corp. (MSFT), Meta Platforms Inc. (META), and Alphabet Inc. (GOOGL) all report earnings this week, notes Bret Kenwell, US investment analyst at eToro US.