January 17th, 2025
Last week we pointed out that markets were down as robust economic numbers, specifically the December jobs report, were raising concerns that the economy was potentially too strong and inflation could possibly reaccelerate. However, this week we received the December…
January 10th, 2025
Happy New Year! 2025 is off to a choppy start as investors are searching for signs for what the new year will bring. In December we saw the market react negatively to the Fed’s updated forecast of just 2 expected…
December 20th, 2024
Stocks are lower this week thanks in large part to a little surprise from the Fed. As expected, the Fed announced a 0.25% rate cut on Wednesday. But the surprise was not what they did, but what they said. Prior…
December 13th, 2024
Major stock indices were relatively flat this week as November inflation data was released. It showed that consumer prices rose 0.3% in November and the annual inflation rate is 2.7%, all as expected. However, producer prices rose 0.4% in November,…
December 6th, 2024
The November jobs report was released this morning and showed 227,000 jobs created in November vs an anticipated 214,000. However, the unemployment rate ticked a little higher to 4.2% last month. A stronger jobs report could have caused concern for…
November 22nd, 2024
There was no major economic news this week that significantly moved the markets. Instead, attention turned to increased geopolitical tensions early in the week, specifically in Ukraine, before shrugging off those concerns and rallying higher on Thursday. It was a…
November 15th, 2024
The post-election rally fizzled this week. Major US stock indices are lower as markets refocus on inflation and interest rates. Prices were up in October in line with expectations, pushing the annual inflation rate up to 2.6% from 2.4% in…
November 8th, 2024
US citizens elected to send Donald Trump back to the White House for another 4 years this week. He will have a Republican Senate with him for at least 2 years, and possibly a Republican House of Representatives as well….
November 1st, 2024
According to the Bureau of Labor Statistics (BLS), the US economy created just 12,000 new jobs in October. This was much lower than the Dow Jones estimate of 100,000, but the weaker month did not impact the unemployment rate which…
October 25th, 2024
Bond yields have been rising quickly this month, spooking investors on Wednesday. Stocks have rebounded since then, but still look to finish the week slightly lower. Rising yields typically mean falling bond prices. In the first part of the year,…
