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...
by Mark Chandik | Oct 16, 2023
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...
by Mark Chandik | Oct 9, 2023
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,...
by Mark Chandik | Oct 2, 2023
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...
by Mark Chandik | Sep 25, 2023
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...
