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...
by Mark Chandik | Oct 3, 2022
Weekly Market Commentary The dollar has soared to its highest level against the euro in 20 years. It has risen to its highest level against the Japanese yen in 30 years and recently hit a record high against the British pound, according to CNBC. The U.S. Dollar Index...
by Mark Chandik | Sep 26, 2022
We’re in a period of high market volatility and you may feel helpless to do anything but watch your hard earned portfolio decrease in value. Although you might feel a high level of fear about entering the market with new funds, if you’re sitting on cash...
