Archive for January 2024

Weekly Market Commentary THE WEEK IN REVIEW: Jan. 21-27, 2024 Expectations for a soft landing fuel new records in U.S. stocks After a rough first couple of weeks to open 2024, markets have been ripping the past week and a half. We’ve settled into an interesting environment where the talk has gone from a hard…

Weekly Market Commentary THE WEEK IN REVIEW: Jan. 14-20, 2024 Consumer spending still going strong The consumer hasn’t gotten tired of spending — at least not yet. December retail sales, released last Wednesday, were strong and easily exceeded expectations. The latest consumer sentiment number also came out last week, jumping to its highest level in…

Weekly Market Commentary THE WEEK IN REVIEW: January 7-13, 2024 Stocks improve while inflation numbers are mixed Stocks moved up in the first full week of trading in 2024. Several tech giants — including Facebook parent Meta and chipmaker NVIDIA — posted solid gains, even as the tech industry experienced layoffs at companies such as…

Weekly Market Commentary THE WEEK IN REVIEW: Dec. 31, 2023 – Jan. 6, 2024 Market stumbles out of the gate Markets had a rough start to the year last week. The drop could have been due to a number of things: Folks taking profits to push capital gains into 2024, concerns over the continuing (and…

Weekly Market Commentary THE WEEK IN REVIEW: Dec. 24-30, 2023 Ring out the old and usher in the new Last week was a short one for trading, bookended by the Christmas and New Year’s holidays. Markets closed up again last week, with the S&P 500 marking its ninth straight weekly gain — the longest stretch…