Jul 14, 2023
Summing Up The Week The markets rocketed higher this week on the back of data showing inflation is almost definitely slowing and that the Federal Reserve is nearing the end of its tightening cycle. No more rate hikes is certainly good news for stocks, however some...
Jul 7, 2023
Summing Up The Week Even though there were only 3-1/2 trading days this week thanks to the Independence Day holiday, significant news releases really moved the markets, particularly later in the week. A hotter-than-expected jobs report indicates that the economy is...
Jun 30, 2023
Summing Up The Week The stock market was choppy but overall showed very limited movement throughout this week, likely due to the end of the month, end of the second quarter, and end of the first half of the year all coinciding together. Many investment firms need to...
Jun 23, 2023
Summing Up The Week The unbelievable rally taking place all year in the S&P 500 and the NASDAQ, in particular, took a breather this week with stocks pulling back. Many analysts blamed Fed Chair Jerome Powell’s testimony before Congress. However, I think this...
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...
