Summing Up The Week Earnings season kicked off with positive reports from companies, for the most part. Despite raging inflation and increasing costs, companies have found that the U.S. consumer continues to demonstrate strength, allowing them to raise prices that are...
Summing Up The Week Inflation shows positively no sign of letting up, and now with global economic concerns in the form of potential sovereign debt crises rearing their heads, the stock market continues its trek through dark days during the year’s spookiest...
Summing Up The Week The first half of the week was made up of market indecision as it seemed like everyone was waiting to see what the Federal Reserve would do when it came to hiking interest rates during their Wednesday meeting. The markets seemed to stabilize on...
Summing Up The Week Almost everyone in the professional space believed that this week’s inflation reading would come in better than expected, so when the report came in hot, the markets lost an entire week’s worth of progress in a matter of minutes....
Summing Up The Week While there were some significant earnings reports and data releases this week, the priority for the stock market was the Federal Reserve’s annual retreat in Jackson Hole, Wyoming, with Fed Chair Jerome Powell speaking on Friday. In other...
