Disconnect

Disconnect

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...
Quantifying a Short Attack

Quantifying a Short Attack

Weekly Market Commentary When political or geopolitical events surface that may influence markets, analysts look at that event or events through a narrow prism—how might it affect investors? These might include an election, a debt-ceiling debate, a government...
A Hotter-for-Longer Economy

A Hotter-for-Longer Economy

Weekly Market Commentary September recorded an increase of 336,000 in payrolls, easily topping the estimate of 170,000, according to Dow Jones Newswires. The unemployment rate held steady at 3.8%. It is the latest economic report that is signaling economic momentum,...
Government Shutdowns and Stock Market Performance

Government Shutdowns and Stock Market Performance

Weekly Market Commentary Government shutdowns make for good political drama. Nonessential workers are furloughed, travel plans to national parks could be interrupted, and some services are limited. A shutdown also increases investor anxiety. But should sentiment take...
Higher for Longer and Longer… and Maybe Longer

Higher for Longer and Longer… and Maybe Longer

Weekly Market Commentary The Federal Reserve surprised virtually no one when Fed officials unanimously voted to keep the fed funds rate unchanged at 5.25 – 5.50% on Wednesday. While it is the second time the Fed has punted on a rate hike this year (the last time was...
A Tricky Inflation Number

A Tricky Inflation Number

Weekly Market Commentary Progress on inflation won’t be in a straight line. That’s to be expected. Following two low readings in June and July, the number picked up in August. It wasn’t unusually concerning. But following a 0.2% monthly increase in the Consumer Price...