A Nearly Perfect Recession Indicator Flashes Red

A Nearly Perfect Recession Indicator Flashes Red

Weekly Market Commentary The Federal Reserve, interest rates, and inflation have been big topics this year. Chatter about a possible recession has been part of the conversation, too. A few weeks ago, we looked at the enormous amount of stimulus cash that remains in...
Too Much Hiring

Too Much Hiring

Weekly Market Commentary Can there be too much hiring? Can job growth be too fast? It seems like an odd question. But following a better-than-expected jobs report on Friday and the initial negative reaction (shares pared losses and finished mixed), the question is...
A Big Pile of Cash on the Sidelines

A Big Pile of Cash on the Sidelines

Weekly Market Commentary Recession fears are rampant. Interest rates are up, which discourages spending, and housing, a leading economic indicator, has fallen into a steep recession. Reported on Friday, the Conference Board’s Leading Economic Index (LEI), which is...
A Soft Inflation Reading Fuels a Strong Rally

A Soft Inflation Reading Fuels a Strong Rally

Weekly Market Commentary October’s slower-than-expected rise in the Consumer Price Index fueled a 5.53% rise in the S&P 500 Index on Thursday, which was the 15th-best trading day since 1953 when the 5-day trading week began, according to Bespoke. Why the huge...
Quarterly Market Summary and Outlook – October 2022

Quarterly Market Summary and Outlook – October 2022

WIth another rocky quarter, equities continued their downhill slide with most equity indexes showing double-digit negative returns tear-to-date (YTD).  The first half of the quarter we saw a bear market rally in July and August only to watch the S&P 500 Index post...