Jun 16, 2023
Summing Up The Week Inflation reports showed that disinflation is taking place – a good sign for the Federal Reserve’s fight against inflation – and, on Wednesday, while the Fed announced the pause the market was expecting, Chair Jerome Powell...
Jun 9, 2023
Summing Up The Week With the Federal Reserve meeting next week on June 13-14, the members are in a required “communications blackout,” so this week’s price action was muted, being driven by relatively unremarkable stories such as OPEC+ upholding its...
Jun 2, 2023
Summing Up The Week Until the debt ceiling agreement is passed, the stock market continues to hang on the every word of Congress. With progress being made and the deadline of June 5, however, this could be the last week the debt ceiling holds so much sway on the stock...
May 26, 2023
Summing Up The Week The debt ceiling debate drove a lot of the price action this week, finally. I say “finally” because many analysts had anticipated the approaching debt ceiling deadline to cause a selloff in stocks, but it never happened. The markets...
May 19, 2023
Summing Up The Week This week was all about the U.S. consumer and the debt ceiling debate. Home Depot (HD) kicked off the week with a complete earnings miss and a terrifying view of the consumer and Target (TGT) warned consumers were pulling back. However, Walmart...
