Weekly Market Commentary 1/28/24

Weekly Market Commentary 1/28/24

The Markets Even better than expected! The United States economy is not performing the way anyone thought it would. Instead of tipping into a recession last year, it crushed expectations. Gross domestic product, which is the value of all goods and services produced in...
Weekly Market Commentary 1/22/24

Weekly Market Commentary 1/22/24

The Markets Are you feeling optimistic or pessimistic? Consumers are a force to be reckoned with – and we’re all consumers. We buy coats and tweezers, electricity and bread, screens and fishing poles. We download apps and games and educational materials. As consumers,...
Weekly Market Commentary 1/16/24

Weekly Market Commentary 1/16/24

The Markets Is inflation retreating? Last week, we received a lot of information about inflation. Some seemed to support the idea that inflation was sticky, meaning it wasn’t moving lower, while other data suggested inflation was in retreat. Here’s what we learned:...
Weekly Market Commentary 1-8-24

Weekly Market Commentary 1-8-24

The Markets And we’re off…to a slow start. Last week, investors appeared to suffer from a New Year’s hangover. The culprit was too much optimism. After its December meeting, with inflation easing and the U.S. economy remaining resilient, the United States Federal...
Weekly Market Commentary 1/2/24

Weekly Market Commentary 1/2/24

The Markets 2023 was a big year for U.S. stocks. The story of 2023 has its roots in 2022, when the Standard & Poor’s (S&P) 500 Index lost almost 19.5 percent amid rising inflation and aggressive Federal Reserve rate hikes. As 2022 came to a close, many on...