by Mark Chandik | Feb 13, 2023
Weekly Market Commentary Rising interest rates are the result of the Federal Reserve’s campaign to snuff out inflation. The pain of rising rates has been felt in the financial sector. It has also been felt in housing. Housing sales tumbled since the beginning of 2022,...
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 | Feb 2, 2023
The market had a banner year in 2021, with the S&P 500 Index advancing over 25%, according to data from the St. Louis Federal Reserve. But tailwinds that fueled gains shifted dramatically in 2022; overall it was a tough year for investors. No longer were the...
by Mark Chandik | Jan 30, 2023
Weekly Market Commentary Gross Domestic Product (GDP) is defined by Investopedia as “the total market value of all the finished goods and services… in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard...
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...
