by Mark Chandik | May 22, 2023
Weekly Market Commentary Some investors were bracing for an earnings apocalypse. Once again, fears were exaggerated. It’s not the first time some have been expecting dire results. A CNBC story six months ago previewing Q3 profits suggested earnings could disappoint in...
by Mark Chandik | May 15, 2023
Weekly Market Commentary In the past, investors paid close attention to the monthly employment report. Today the focus has shifted to the CPI. Blame high inflation for the jump in interest rates, which has pressured the major stock market averages. The U.S. Bureau of...
by Mark Chandik | May 8, 2023
Weekly Market Commentary Here’s a paradox. What happens when an immovable object runs into an irresistible force? In today’s investing world, the Federal Reserve has been that immovable object, jacking up interest rates in order to quell inflation. Today’s rate-hike...
by Mark Chandik | May 1, 2023
Weekly Market Commentary Gross Domestic Product (GDP) is the economy’s largest measure of goods and services. Preliminary data from the U.S. Bureau of Economic Analysis showed that GDP slowed from an annual pace of 2.6% in Q4 2022 to 1.1% in the first quarter of...
by Mark Chandik | Apr 26, 2023
Weekly Market Commentary Economic sentiment can shift on a dime. This year, terms like ‘soft landing (slowing growth, slowing inflation)’ and ‘hard landing (recession, slower inflation)’ have gotten the most play. Earlier in the year, a so-called ‘no-landing’ scenario...
