Weekly Market Commentary for 10/24/2022

Weekly Market Commentary for 10/24/2022

The Markets Markets turned – again. Markets continue to be volatile. Last week, stocks headed north. Nicholas Jasinski of Barron’s reported the change of direction reflected investors’ desire for the market to finally hit bottom. He may be right, but corporate...
Weekly Market Commentary for 10/18/2022

Weekly Market Commentary for 10/18/2022

The Markets We’re not there yet. Investors are understandably eager for the stock market to hit bottom. Some hoped it happened last week, but it did not. Despite the Fed’s rate hikes, last week the Consumer Price Index showed the annual rate for headline inflation was...
Weekly Market Commentary for 10/10/2022

Weekly Market Commentary for 10/10/2022

The Markets Bah humbug! Last week, OPEC+, which includes the Organization of the Petroleum Exporting Countries and allied oil producers like Russia, chose to cut production by two million barrels a day. The stated goal is to keep crude oil prices above $90 a barrel....
Weekly Market Commentary for 10/3/2022

Weekly Market Commentary for 10/3/2022

The Markets The third quarter marked a change in attitude. So far, 2022 has been a tough year for investing. We’ve experienced an unusual phenomenon – the simultaneous decline of stock and bond markets. Throughout the third quarter, investors’ concerns focused on...
Weekly Market Commentary for 9/27/22

Weekly Market Commentary for 9/27/22

The Markets Central bank tightening sparked recession fears. Last week, the Federal Reserve (Fed) raised the federal funds rate for the fifth time this year. During 2022, the Fed has lifted its benchmark rate from near zero to 3.12 percent. Fed policymakers indicated...
Weekly Market Commentary 9/19/2022

Weekly Market Commentary 9/19/2022

The Markets It’s open to interpretation. Jackson Pollock was an action painter. He poured, dropped, and dripped paint onto horizontal canvases. Some people look at his work and wonder why it’s highly valued. Others find deep meaning in the paintings. For instance,...