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...
Summing Up The Week A deluge of market-moving news both on the bullish and bearish side really made this week volatile. The week kicked off with a bank failure and a warning the debt ceiling is closer than previously thought. Then, the Fed raised rates and came out...
Summing Up The Week The markets recovered this week on the back of reports showing that inflation is weakening across the board from wholesale to consumer prices. Combine these reports with last Friday’s nonfarm payrolls report which showed the economy is...
Summing Up The Week A holiday-shortened trading week certainly doesn’t mean it will be a slow one. Despite markets being closed on Friday for the Good Friday / Easter Holiday, a deluge of negative news catalysts flipped markets from the exuberance seen last week...
Summing Up The Week It doesn’t matter how many times Fed Chair President Jerome Powell says interest rates will remain higher for longer, it seems that the stock market just doesn’t want to hear him. Even with the bond market screaming that the economy...
