An Annual Ritual at the Gas Pump

An Annual Ritual at the Gas Pump

Weekly Market Commentary You’re right if you have this nagging feeling that gas prices rise in the spring. As the graphic illustrates, on average prices rise through Memorial Day, plateau over the summer, and slip in the fall. This year is no exception, as...
Rate Cuts Still on the Table, Timing Less Certain

Rate Cuts Still on the Table, Timing Less Certain

Weekly Market Commentary We often discuss the Federal Reserve and interest rates because both greatly impact investors. For starters, changes in interest rates have a significant impact on stock prices and income earned on savings. Sharply higher rates in 2022 pushed...
Just Do It

Just Do It

Weekly Market Commentary That ubiquitous phrase from one of America’s most extensive athletic footwear and apparel makers seems to have been adopted by most American shoppers. The U.S. Census Bureau reported last week that retail sales jumped 0.7% in March, following...
The Road to Lower Inflation Takes a Detour

The Road to Lower Inflation Takes a Detour

Weekly Market Commentary The rate of inflation is accelerating. That’s not how we hoped to start this week’s Insights. Take a moment and review Figure 1. The 4-month moving average has broken out of its long-term downward trend (red-dashed lines). On a monthly basis,...
No Matter How You Slice It and Dice It…

No Matter How You Slice It and Dice It…

Weekly Market Commentary The latest employment numbers from the U.S. Bureau of Labor Statistics (BLS) point to a robust job market. On Friday, the U.S. BLS reported that nonfarm payrolls rose 303,000 in March, well ahead of expectations. It’s not simply March; growth...
Last Year’s Rally Spills into 2024

Last Year’s Rally Spills into 2024

Weekly Market Commentary Stocks turned in a surprisingly strong 2023, and momentum has yet to slow in 2024 as last year’s rally remains in high gear. According to Dow Jones Market Data published by MarketWatch, the S&P 500 Index set 22 all-time closing highs this...