Labor Booms, Fed Inflation Warning
Financial Update: Week of January 13, 2024 The new year got underway with December payroll data coming in white-hot and recently released Fed Minutes showing inflationary concerns. Given these and other recent developments, now is a good time to keep you updated about what happened last week. Overall, U.S. stock market indexes declined for the…
January Update: Fed vs. Inflation
Financial Update: Week of January 6, 2024 I hope you have had a wonderful start to the new year. Major U.S. equity indexes closed out the final month of 2024 in a mixed fashion, with megacap tech being the bright spot and industrials heading lower. With so much happening courtesy of the Fed’s change in…
OpenAI, Yields & Volatile Santa
Financial Update: Week of December 30, 2024 Since we are in the last trading week and days of 2024, now is a good time to keep you updated on the latest developments. Overall, major U.S. equity indexes traded quietly during the previous holiday-shortened week, but there was some Friday drama for the market lovers out…
Holiday Volatility, Fed Rate Cut
Financial Update: Week of December 23, 2024 Major U.S. stock indexes fell last week courtesy of a Fed that delivered a 25-basis-point rate cut but projected only two rate cuts in 2025. Initially, markets reacted negatively, but by the end of the week, new inflation data somewhat revitalized investor sentiment. Last week, the S&P 500…
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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