by NovemAdmin | Oct 3, 2025 | commentary
THE MARKETS The economy is all right. Last week, revised economic figures showed the United States economy grew faster from April through June than previously thought. The upward revision was primarily due to a revised estimate for consumer spending over the period,...
by NovemAdmin | Sep 23, 2025 | commentary
THE MARKETS The bulls were running. Last week, investors rejoiced after the Federal Reserve Open Market Committee (FOMC) lowered the federal funds rate by a quarter percentage point. Major U.S. stock indexes set new record highs. FOMC projections for the future...
by NovemAdmin | Sep 16, 2025 | commentary
THE MARKETS What are your expectations for inflation? Inflation occurs when the prices of goods and services increase. Last week, the Consumer Price Index (CPI) showed that inflation moved modestly higher from July to August. Prices increased 2.9 percent, year over...
by NovemAdmin | Sep 9, 2025 | commentary
THE MARKETS Was the jobs report good news or bad news for the stock market? In financial markets, sometimes bad news is good. It looked like that might be the case last week. On Friday, the Employment Situation Summary was released. It showed U.S. businesses added...
by NovemAdmin | Sep 3, 2025 | commentary
THE MARKETS Will the bull market in stocks continue? There is always a diversity of opinion about whether stocks are headed higher or lower. Last week, investors were feeling more bearish than bullish about where the stock market may be headed over the next six...
by NovemAdmin | Aug 26, 2025 | commentary
THE MARKETS Will the Fed lower rates? Last week, in a much-anticipated speech, Federal Reserve (Fed) Chair Jerome Powell said, “In the near term, risks to inflation are tilted to the upside, and risks to employment to the downside—a challenging situation…Nonetheless,...