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The Harmon Report

Weekly Market Snapshot | June 21, 2024

June 21st, 2024

Last week I warned how some of the most popular US stock indices are being heavily influenced by a handful of stocks, specifically a certain chipmaker that has now become the most valuable company in the world.  As I write…

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Weekly Market Snapshot | June 14, 2024

June 14th, 2024

We’ve had some good economic news this month as job growth has remained strong in May while consumer prices stayed flat.  As such, inflation fell from 3.4% to 3.3% and unemployment rose to just 4.0%.     While it was…

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Weekly Market Snapshot | May 31, 2024

May 31st, 2024

Stocks and bonds are lower this week, but remain positive for the month of May.  US stocks are leading the way this month (green), followed by non-US stocks (red), corporate bonds (pink), then US treasury bonds (blue).     There…

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Weekly Market Snapshot | May 17, 2024

May 17th, 2024

Stocks and bonds rallied this week after the April inflation report showed that prices rose a little slower than expected last month.  On a 12-month basis, the inflation rate now stands at 3.4%.     Prices rose 0.3% in April…

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Weekly Market Snapshot | May 10, 2024

May 10th, 2024

Stocks are drifting higher this month after a minor decline in April.  In fact, the gains so far in May have almost cancelled the decline from April. One reason for the market’s recovery this month is the April jobs report,…

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