by NovemAdmin | Aug 9, 2023 | Blog, commentary
The Markets An unwelcome surprise. Last week, Fitch Ratings startled markets by lowering the credit rating of United States Treasuries from AAA to AA+. It was the second rating agency to downgrade U.S. Treasuries; Standard & Poor’s cut its rating to AA+ in 2011,...
by NovemAdmin | Aug 2, 2023 | Blog, commentary
The Markets Central bank palooza! While music lovers attended concerts and festivals across the United States, central banks had a lollapalooza of their own. The U.S. Federal Reserve (Fed) led things off last Wednesday, followed by the European Central Bank (ECB) on...
by NovemAdmin | Jul 26, 2023 | Blog, commentary
The Markets Better than expected. In January of this year, the Bloomberg’s MLIV Pulse survey collected and shared investors’ expectations for stock markets. Survey participants were generally a gloomy group. Seventy percent believed the United States stock market...
by NovemAdmin | Jul 18, 2023 | Blog, commentary
The Markets Disinflation was in the air! To the great relief of the Federal Reserve, the American economy has been experiencing “disinflation,” which is a slowdown in the rate of inflation. For example, last week we learned that: Inflation fell to a two year low in...
by NovemAdmin | Jul 12, 2023 | Blog, commentary
The Markets Markets are playing Federal Reserve (Fed) Clue. Last week, investors parsed the monthly Employment Situation Summary from the Bureau of Labor Statistics for clues about whether the Fed will raise the federal funds rate at its next meeting or leave the rate...
by NovemAdmin | Jul 5, 2023 | Blog, commentary
The Markets Showing remarkable resilience. Throughout the first half of 2023, the U.S. economy and financial markets proved to be resilient – and so did investors. U.S. stock markets moved higher amid enthusiasm for artificial intelligence and expectations that the...
