Archive for March 2024

Weekly Market Commentary THE WEEK IN REVIEW: March 17-23, 2024 When 6 equals 3 Markets can bend and twist reality in very strange ways when they have decided on a direction. Spoiler alert: The direction right now is upward. Remember when we started the year, and markets were expecting six or seven rate cuts in…

Weekly Market Commentary THE WEEK IN REVIEW: March 10-16, 2024 Clouds gather for the Fed Inflation data did not cooperate with the market’s expectations last week. People keep spending, energy costs are rising and prices keep going up. After a hotter-than-expected jobs report the previous week, markets regained their composure early in the week, choosing…

Weekly Market Commentary THE WEEK IN REVIEW: March 3-9, 2024 Unemployment at a 2-Year High While the stock markets are mostly rallying, the labor market appears to be cooling down. According to the latest findings from the Labor Department, the U.S. jobless rate reached a two-year high in February after an unexpected climb from 3.7%…

Weekly Market Commentary THE WEEK IN REVIEW: Feb. 25 – March 2, 2024 New records for the S&P 500 and Nasdaq The market keeps on rallyin’. Both the S&P 500 and the Nasdaq pushed to record highs last week, surpassing highs from early 2022. February was a strong month for each major index, and U.S.…