by NovemAdmin | Jan 10, 2024 | Blog, commentary
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...
by NovemAdmin | Jan 2, 2024 | Blog, commentary
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...
by NovemAdmin | Jan 2, 2024 | Blog, commentary
The Markets If all you wanted for Christmas was two percent inflation, you’re in luck! Barring unforeseen events, it appears the United States Federal Reserve (Fed) is on the cusp of accomplishing a feat many thought impossible – reducing inflation without causing a...
by NovemAdmin | Dec 20, 2023 | Blog, commentary
The Markets Have rates peaked? Last week, at its final policy meeting for 2023, the United States Federal Reserve indicated that rates may have peaked. After the meeting, Chair Jerome Powell said: “As we approach the end of the year, it is natural to look back on the...
by NovemAdmin | Dec 14, 2023 | Blog, commentary
The Markets Still exceeding expectations. Last week, the United States Treasury market rallied. Yields fell and bond prices rose as some bond market investors enthusiastically embraced the idea that the Federal Reserve will soon change course. Michael Mackenzie and...
by NovemAdmin | Dec 6, 2023 | Blog, commentary
The Markets We’re cycling along. It’s easy to forget that economic activity tends to move in cycles. A full cycle, known as the business cycle, typically includes four stages: Contraction occurs when economic growth slows as an economy produces fewer goods and...
