Archive for February 2023

Weekly Market Commentary THE WEEK IN REVIEW: Feb. 19 – Feb. 25  Market grapples with higher rate expectations Despite one less trading day last week, we managed to pack in a lot of activity. The markets had another rough week with angst over what the Federal Reserve will — or will not — do at…

Weekly Market Commentary THE WEEK IN REVIEW: Feb. 12 – Feb. 18 Markets shrug off hot inflation data — then get nervous again Markets were pretty stoic when the Consumer Price Index (CPI) for January came in higher than expected last week. Although CPI declined, it only dropped from 6.5% in December to 6.4% in…

Weekly Market Commentary THE WEEK IN REVIEW: Feb. 5 – Feb. 11 Jobs number makes markets nervous The surprisingly high January jobs number sent waves of anxiety through U.S. markets last week, before Federal Reserve Chair Jerome Powell gave a speech reinforcing the widely held view that the Fed will stop or pause rate hikes…

Weekly Market Commentary THE WEEK IN REVIEW: Jan. 29 – Feb. 4 Fed — and the economy — may be slowing, but jobs are still strong The Federal Reserve met last week and raised rates by 25 basis points (0.25%), bringing the fed funds rate to 4.5-4.75%. In less than a year, we’ve gone from…