by NovemAdmin | Oct 29, 2024 | commentary
THE MARKETS Financial markets appear to have pre-election jitters. The United States election is less than two weeks away. The candidates are neck and neck. The outcome remains uncertain. And expectations for volatility have been rising, with the CBOE Volatility Index...
by NovemAdmin | Oct 22, 2024 | commentary
THE MARKETS Happy birthday! The bull market in stocks charged past its two-year birthday on October 12. “This unique bull market is still young relative to history and, for now, supported by relatively healthy breadth and broadening participation,” wrote Liz Ann...
by NovemAdmin | Oct 17, 2024 | commentary
THE MARKETS There was a lot to celebrate last week! The Standard & Poor’s 500 Index closed above 5,800 for the first time—and that’s not all. The Dow Jones Industrial Average also notched a record high last week—and all three major U.S. stock indices ended the...
by NovemAdmin | Oct 3, 2024 | commentary
THE MARKETS The Standard & Poor’s (S&P) 500 Index hit a new all-time high last week. The S&P 500 has had quite a year. Despite a sharp downturn in August when investor confidence was ruffled by concerns about economic growth, the Index was up about 20...
by NovemAdmin | Sep 25, 2024 | commentary
THE MARKETS Rates moved lower and stocks moved higher. In 2022, the United States Federal Reserve (Fed) began raising interest rates as it battled high rates of inflation. That year prices rose 8 percent, as measured by the Consumer Price Index. In 2023, prices...
by NovemAdmin | Sep 20, 2024 | commentary
THE MARKETS There was a lot of good news last week! Inflation continued to trend lower. The Consumer Price Index showed that inflation was 2.5 percent year over year (yoy) in August. That’s lower than economists had expected, and a significant decline from July’s 2.9...
