Archive for September 2023

Weekly Market Commentary THE WEEK IN REVIEW: Sept. 17 – 23, 2023 He’ll “know it when he sees it” The Federal Reserve didn’t raise rates last week but left the door open for one more rate hike in the final two meetings of 2023. This was widely expected, but markets still didn’t like Chairman Jerome…

Weekly Market Commentary THE WEEK IN REVIEW: Sept. 10 – 16, 2023 Inflation is sticking around The latest consumer price index (CPI) and producer price index (PPI) numbers came in higher than expected last week, signifying that inflation continues to persist. Despite the speed at which the Federal Reserve raised rates over the past year,…

Weekly Market Commentary THE WEEK IN REVIEW: Sept. 3 – 9, 2023 The economy is hanging in there Stocks closed lower last week, even as the latest data shows the U.S. is still doing well from an economic standpoint. Not a lot of new numbers were released, but the ones that were generally surprised on…

Weekly Market Commentary THE WEEK IN REVIEW: Aug. 27 – Sept. 2, 2023 No major damage from Jackson Hole Federal Reserve Chairman Jerome Powell’s comments from the Economic Symposium in Jackson Hole, Wyoming, didn’t really change the overall mood of the markets, although he was pretty hawkish. At last year’s summit, Powell basically killed any…