by NovemAdmin | Aug 24, 2023 | Blog, commentary
The Markets Higher bond yields may be good for income investors – and not so good for stock markets. After more than a decade of near-zero interest rates, the “free money” era – a time when people and businesses could borrow money and repay it with very low (or no)... 
by NovemAdmin | Aug 15, 2023 | Blog, commentary
The Markets Consumer sentiment is a lagging indicator. It’s also a contrarian indicator. After rising sharply in June and July, consumer sentiment leveled off this month. The preliminary August reading for the University of Michigan Consumer Sentiment Index was 71.2.... 
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... 