Archive for June 2023

Weekly Market Commentary THE WEEK IN REVIEW: June 18-24, 2023 Markets pause as summer officially starts and Powell weighs in After reaching 4,400 points at breakneck speed, the S&P naturally took a few steps back last week. Markets have slumped since the last Federal Reserve meeting, as they digested recent gains and consolidated at a…

Weekly Market Commentary THE WEEK IN REVIEW: June 11-17, 2023 The 11th time is the charm! Stop, skip — or something else? As expected, the Federal Reserve left interest rates alone last week after raising rates at its prior 10 meetings. Markets have been clamoring for a cessation in rate increases since the beginning of…

Weekly Market Commentary THE WEEK IN REVIEW: June 4-10 The bull is back for the S&P 500 Last week was a quiet one for trading, and markets seemed to be holding their breath in the days leading up to this week’s Federal Reserve meeting. Although it wasn’t a stellar performance week, the S&P 500 reached…

Weekly Market Commentary THE WEEK IN REVIEW: May 28-June 3 Done deal! The debt ceiling drama finally ended last week with a deal that seemed to please no one. Of course, that’s the way compromise works — no one gets everything they want. The good news is we avoided a self-inflicted wound to our economy…