Month: January 2023
Weekly Market Commentary THE WEEK IN REVIEW: Jan. 15 – 21 Fed officials refuse to soften stance despite lower inflation and weak earnings It’s always a good idea to watch those Federal Reserve officials and their remarks. Markets were set to rejoice last week, after the December Producer Price Index (PPI) came in at -0.5%, well…
Weekly Market Commentary THE WEEK IN REVIEW: Jan. 8 – 14 Inflation is lower — but still stubbornly high Markets were eagerly awaiting the latest Consumer Price Index (CPI) number last Thursday to see if inflation is continuing to decline. The good news: It is. The bad news: Not very quickly. The headline number (the…
VIEW PDF VERSION A Year to Forget Like most of 2022, the fourth quarter had a small share of ups — and more than its share of downs. Markets hit new lows to start the quarter, then pulled off a huge comeback in October. The rally snapped a two-month losing streak for markets, especially the…
Weekly Market Commentary THE WEEK IN REVIEW: Jan. 1 – 7 Could Fed’s work be working? We rounded the corner into a new year, and stocks ended the first full week of 2023 on a high note, with each of the three major markets up more than 2% on Friday. The markets were buoyed by…
Download PDF Version How Will the SECURE 2.0 Act Affect Your Retirement? New legislation could bring big changes for people saving for and living in retirement Overview When Congress passed the SECURE Act in 2019, the new legislation included significant changes for retirees. Now, after months of debate and deliberation, Congress has approved SECURE 2.0.…
Weekly Market Commentary THE WEEK IN REVIEW: Dec. 25 – 31 Ringing out the old Unfortunately, Santa didn’t have a rally in his bag to close out 2022. Instead, the Grinch had his way in the last week of the year, as the major domestic equity indexes closed slightly lower on the second consecutive week…
AE Wealth Management: Weekly Market Insights | 1/22/23 – 1/28/23
Weekly Market Commentary THE WEEK IN REVIEW: Jan. 22 – 28 Fourth quarter 2022 stronger than expected; U.S. notches 2.1% growth for the year The initial reading of fourth-quarter gross domestic product (GDP) came in at 2.9%. While the reading was higher than the consensus estimate, it was much lower than the Atlanta Fed’s forecast…
Read More about AE Wealth Management: Weekly Market Insights | 1/22/23 – 1/28/23