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,…
October 18th, 2024
Major US stock indices remain near their all-time highs this month. So far in October, US stocks are slightly higher, while bonds and international stocks are slightly lower. Economic news remains positive. Unemployment claims fell back to 241,000 this week…
October 4th, 2024
With September and the 3rd quarter behind us, we enter the 4th quarter with a lot of positive momentum in the markets and in the US economy. The September jobs number came out this morning and was surprisingly strong. We…
September 27th, 2024
More good news for the US economy this week as the Fed’s favorite inflation measure (PCE Price Index) showed that inflation has fallen to 2.2% according to this indicator. Economists surveyed by Dow Jones had been expecting PCE to rise…
September 20th, 2024
Wednesday was a major inflection point for economies and markets around the world. After a period of rising interest rates that started at the beginning of 2022, the Fed cut interest rates 0.50% on Wednesday, signaling that their focus has…
September 16th, 2024
As expected, markets have been more volatile in the second half of 2024, but major stock market indices remain near their all-time highs despite the increased uncertainty. Markets are hanging in there as investors are balancing weakening economic data with…
September 6th, 2024
Markets are off to a bumpy start in September as some investors are searching for signs of a coming recession. The August jobs report came out this morning and showed that 142,000 jobs were created last month, slightly less than…
August 30th, 2024
As of Friday morning, markets are finishing the month on a positive note. The Fed’s favorite inflation measure (PCE, or Personal Consumption Expenditures price index) for July 2024 was published today by the Bureau of Economic Analysis. It showed that…
August 23rd, 2024
It was a fairly quiet, but positive week for the markets. Goldman Sachs cut its probability forecast for a U.S. recession in the next 12 months to 20% from 25%. https://www.cnbc.com/2024/08/19/goldman-sachs-cuts-odds-of-us-recession-to-20percent-on-fresh-data.html There was one interesting economic data point published this…
August 16th, 2024
Markets continue to recover from the two-day sell-off that began the month of August. Good economic news since the decline is indicating that investors likely overreacted to the weaker-than-expected July jobs number. The July inflation numbers released this week showed…
