by Mark Chandik | Nov 20, 2023
Weekly Market Commentary The U.S. Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) was unchanged in October from the prior month. It is up 3.2% from a year ago. Excluding volatile food and energy prices, the core CPI rose 0.2%. The core...
by Mark Chandik | Nov 13, 2023
Weekly Market Commentary U.S. economic growth in the third quarter accelerated sharply, growing at an annual pace of 4.9%, according to last month’s report by the U.S. Bureau of Economic Analysis. But GDP (Gross Domestic Product) data are backward-looking. It’s a...
by Mark Chandik | Nov 8, 2023
Weekly Market Commentary So far this year, forecasts for a recession or a soft landing have failed to materialize. What is a soft landing? Economic growth slows, the rate of inflation slows, but the economy stays out of a recession. In other words, the economy is not...
by Mark Chandik | Oct 30, 2023
Weekly Market Commentary The U.S. Bureau of Economic Analysis (BEA) reported last week that Gross Domestic Product (GDP), which is the largest measure of goods and services for the economy, expanded at an annual pace of 4.9% in the third quarter. It’s the...
by Mark Chandik | Oct 23, 2023
Weekly Market Commentary I recognize we’re getting a bit granular reviewing just one week of market action, but quickly, last week’s volatility was tied primarily to worries about rising bond yields amid a continued stream of strong economic data, not what’s happening...
