by Mark Chandik | Apr 17, 2023
Weekly Market Commentary The slowdown in the rate of inflation last month was aided by food and energy prices. The Consumer Price Index rose 0.1% in March versus February amid a 3.5% decline in energy prices and no change in food prices (U.S. Bureau of Labor...
by Mark Chandik | Apr 11, 2023
Weekly Market Commentary There have been no flareups since the bank failures in early March, and the crisis continues to simmer on the back burner. But anxieties haven’t completely subsided. Last week the U.S. Bureau of Labor Statistics reported that job openings fell...
by Mark Chandik | Apr 4, 2023
Weekly Market Commentary Inflation was uppermost on the minds of investors, Fed officials, and policymakers until the failure of Silicon Valley Bank (SVB) forced price stability to play second fiddle to banking stability. The banking crisis has eased amid tentative...
by Mark Chandik | Mar 27, 2023
Weekly Market Commentary The Federal Reserve raised its key lending rate, the fed funds rate, by 25 basis points (bp, 1 bp = 0.01%) to a range of 4.75 – 5.00%, as most observers had expected. A few saw no change. Before the failure of Silicon Valley Bank (SVB), a...
by Mark Chandik | Mar 20, 2023
Weekly Market Commentary George Bailey is the fictional character in the 1946 classic It’s a Wonderful Life. Set mostly in the 1920s and 1930s, George runs the Building & Loan, a thrift that’s besieged by worried depositors. George appealed to his customers not to...
