by Mark Chandik | Dec 5, 2022
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...
by Mark Chandik | Nov 21, 2022
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...
by Mark Chandik | Nov 14, 2022
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...
by Mark Chandik | Nov 11, 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...
by Mark Chandik | Nov 7, 2022
Weekly Market Commentary Smaller hikes but longer to the peak. That was the message from Fed Chief Jay Powell after the Federal Reserve hiked the fed funds rate by 75 basis points (bp, 1 bp =0.01%) to a range of 3.75—4.00% on Wednesday. The Fed may dial back the size...
