Summing Up The Week While the Federal Reserve prefers to look at the Personal Core Expenditures (PCE) index as a gauge of inflation, the rest of the market also pays attention to the Producer Price Index (PPI) and Consumer Price Index (CPI) with the latter taking more...
Summing Up The Week In my 26 years investing in the stock market, I’ve seen some absolutely crazy things from the dot-com crash to the near destruction of global financial markets during the Great Financial Crisis. However, as horrible as the negative catalysts...
Summing Up The Week The markets finally seemed to realize that the presidential election is coming up in a matter of days which brought volatility into stocks over the past week. Rising 10-year treasury yields gave the S&P 500 and Nasdaq three days of relentless...
Summing Up The Week Stocks rallied for most of the week up until Thursday when worrying economic data came out both regarding inflation (in the form of the Consumer Price Index (CPI)) and the health of the labor market (in the form of bigger than expected initial...
Summing Up The Week Stocks spent the first three days of the week waffling between slight gains and slight losses while market participants waited Nvidia’s (NVDA) earnings after the close on Wednesday. Nvidia did beat both the quarter and raised guidance…...
