Inflation Percolation, Fed on Deck
Financial Update: Week of December 16, 2024 Major U.S. equity indexes traded in a mixed fashion last week as investors interpreted fresh November consumer and wholesale pricing inflation data. Strength was featured in tech last week, with Broadcom making headlines on a deal struck with Apple to make chips designed for AI. With fresh inflation…
Labor Goldilocks and S&P 500 Record
Financial Update: Week of December 9, 2024 Major U.S. equity indexes traded mixed, yet mostly higher last week courtesy of a “just right” monthly employment report, with tech leading the way throughout December’s first week of trading. By last Friday’s close, here was the weekly tale of the tape: the S&P 500 tacked on 0.96%,…
Monthly check-in: Holidays & S&P 500 Positive Days
Financial Update: Week of December 2, 2024 Hope all is well with you. Pending elections, “higher” interest rates, and labor market questions, there was a bit of uncertainty heading into November. But that uncertainty was short-lived. The presidential election was settled and the November Fed meeting was in the books by early November. And November…
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Weekly Check-In: Long-Term Investors Are Thankful
Financial Update: Week of November 25, 2024 I hope your holiday week is off to a great start! Last week was positive for major U.S. stock indexes, a stark contrast to the previous week. What were investors thinking last week, and what might this holiday week bring for the financial markets? It is time for…
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Weekly Check-in: Inflation Interpretation, Rate Cut?
Financial Update: Week of November 18, 2024 Hope all is well with you. Major U.S. stock indexes digested monthly inflation data last week, and market participants reacted to comments made by Fed Chair Powell. There was plenty of market-moving action last week, so let’s get to it with a quick update! Tallying last week, the…
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FYI – Election, Fed Meeting, and Stock Market All-Time Highs
Financial Update: Week of November 11, 2024 Last week was rewarding for long-term investors, with election results and a Fed meeting providing the catalysts to boost several major stock indexes to all-time highs. With so much happening, it is the perfect time for a quick update! Summarizing last week’s trading, the large-cap S&P 500 gained…
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Mixed Data Into November Election
Financial Update: Week of November 4, 2024 As we enter November, here is an overview of October market and economic developments. After all, there was no shortage of market activity in October, with corporate earnings, a looming presidential election, and heavily scrutinized labor market data in the spotlight. Monthly payroll data showed extreme weakness on…
Trick or Treat for S&P 500?
Financial Update: October 28, 2024 I hope your week is off to a great start! As we approach the end of the month and Halloween, the U.S. financial markets are in for quite a week. This week has it all — mega-cap tech earnings, economic data, and the final trading week before the election. Are…
Stock Indexes Rise With Retail Sales
Financial Update: October 21, 2024 Last week was one of mostly steady gains on Wall Street, with fresh records set for the S&P 500 and Dow Jones Industrial Average. U.S. equity indexes continue to charge higher through October so far. Markets continue to digest the recent slight uptick in Consumer Price Index (CPI) and monthly…