by Mark Chandik | Feb 6, 2023
Weekly Market Commentary Last year, the Federal Reserve and Fed Chief Powell’s bite were probably worse than the bark. Rhetoric and commentary were forceful and were matched by a nearly unprecedented series of rate hikes, including four-straight 75 basis point (bp, 1...
by Mark Chandik | Jan 24, 2023
Weekly Market Commentary At the end of last year, Congress passed the SECURE Act 2.0, a follow-up to an overhaul of retirement laws passed just three years ago. The changes make it easier to save for retirement and may stretch out your savings while in retirement....
by Mark Chandik | Jan 17, 2023
Weekly Market Commentary There has been meaningful progress on the inflation front. The annual rate of inflation has slowed, and the ever-visible price of gasoline is well off last year’s high. But as every child has asked on a long road trip, “Are we there yet?” In...
by Mark Chandik | Jan 9, 2023
Weekly Market Commentary The U.S. Bureau of Labor Statistics reported another respectable employment number on Friday, illustrating that modest economic growth and a still-high number of job openings are boosting payrolls. But it was a smaller-than-forecast rise in...
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 | Oct 17, 2022
Weekly Market Commentary The release of the September Consumer Price Index (CPI) offered more sobering news, as inflation continues to run hot. The U.S. Bureau of Labor Statistics (BLS) reported the CPI for September rose 0.4% versus August. The core CPI, which...
