Article So Much for a Soft Landing September 23, 2022 Please note: This update was prepared on Thursday, September 22, 2022, prior to the market’s close. Wild market swings following news we knew was coming? Call it just another day in the market. U.S. stocks yo-yoed in the final hours of Wednesday's trading day after the Federal Reserve announced another interest-rate hike, … Read Morekeyboard_arrow_right
Article So Much for a Soft Landing September 22, 2022 Wild market swings following news we knew was coming? Call it just another day in the market. U.S. stocks yo-yoed in the final hours of Wednesday's trading day after the Federal Reserve announced another interest-rate hike, with major indexes closing nearly 2% down after rallying during Fed Chair Jerome Powell’s press conference … Read Morekeyboard_arrow_right
Article Inflation Curbs Market Enthusiasm September 16, 2022 Please note: This update was prepared on Thursday, September 15, 2022, prior to the market’s close. It’s amazing the difference one half of a percentage point makes on Wall Street. Tuesday morning, traders were greeted with a report that core inflation (which excludes often-volatile food and energy prices) rose 0.6% in August. … Read Morekeyboard_arrow_right
Article Inflation Curbs Market Enthusiasm September 15, 2022 It’s amazing the difference one half of a percentage point makes on Wall Street. Tuesday morning, traders were greeted with a report that core inflation (which excludes often-volatile food and energy prices) rose 0.6% in August. This higher-than-expected read was not what they’d been hoping to see, and it sparked a broad … Read Morekeyboard_arrow_right
Article Inflation Hawks on the Warpath September 8, 2022 Please note: This update was prepared on Thursday, September 8, 2022, prior to the market’s close. Major U.S. stock indexes broke a brutal three-week losing streak with a sharp rally on Wednesday. The day’s turn pivoted on falling oil prices and hints of continued growth in the service sector, the largest portion … Read Morekeyboard_arrow_right
Article Inflation Hawks on the Warpath September 8, 2022 Major U.S. stock indexes broke a brutal three-week losing streak with a sharp rally on Wednesday. The day’s turn pivoted on falling oil prices and hints of continued growth in the service sector, the largest portion of our economy. The big unknown, of course, remains inflation, and worries over its trajectory have … Read Morekeyboard_arrow_right
Article Do Policymakers Care About Your Portfolio? September 1, 2022 It has often been said that the Federal Reserve doesn’t care about your portfolio. Last Friday’s comments from Fed Chair Jerome Powell may have proved the point. Powell’s much-anticipated speech in Jackson Hole, Wyoming, while short, was dissected for every bit of nuance. Wall Street traders came to a bearish conclusion: Powell … Read Morekeyboard_arrow_right
Article Do Policymakers Care About Your Portfolio? September 1, 2022 Please note: This update was prepared on Thursday, September 1, 2022, prior to the market’s close. It has often been said that the Federal Reserve doesn’t care about your portfolio. Last Friday’s comments from Fed Chair Jerome Powell may have proved the point. Powell’s much-anticipated speech in Jackson Hole, Wyoming, while short, … Read Morekeyboard_arrow_right
Article What Will the Fed Do About Inflation? August 26, 2022 Please note: This update was prepared on Thursday, August 25, prior to the market’s close. For all the stock and bond markets’ ups and downs this week, Wall Street traders have been biding their time as they await Federal Reserve Chair Jerome Powell’s Friday speech at the central bank’s annual symposium in … Read Morekeyboard_arrow_right
Article What Will the Fed Do About Inflation? August 25, 2022 For all the stock and bond markets’ ups and downs this week, Wall Street traders have been biding their time as they await Federal Reserve Chair Jerome Powell’s Friday speech at the central bank’s annual symposium in Jackson Hole, Wyoming. Questions of recession and inflation, not to mention corporate earnings, consumer confidence … Read Morekeyboard_arrow_right