Apr 12, 2024
Summing Up The Week Early in the week, the market sold off a bit prior to the release of the Consumer Price Index (CPI) on Wednesday and then really pulled back when the CPI came in hotter than expected. However, thanks to Thursday’s Producer Price Index (PPI)...
Apr 5, 2024
Summing Up The Week Despite PCE coming in hot last Friday, the markets didn’t really react until the treasury rates and international currencies got a little wonky on Tuesday. However, markets shook it off, and, by Thursday, the bulls had regained control…...
Mar 28, 2024
Summing Up The Week The holiday-shortened week didn’t deliver a lot of news so there were no giant moves in the market. After griding lower earlier in the week, stocks made a recovery on Wednesday, but, again, none of these moves were that dramatic. Let’s...
Mar 22, 2024
Summing Up The Week While the Bank of Japan executed an historic move this week, it had no effect on the bull spirits in stocks… yet. On Wednesday, Federal Reserve Chairman Jerome Powell said all the sweet nothings the market desperately wanted to hear, and...
Mar 15, 2024
Summing Up The Week Reports showing inflation might be coming back to life were enough to upset the apple cart for the stock market this week. Initially, it appeared as though stocks shrugged off the CPI report which came out on Tuesday, rallying more than 1%, but...
