Month: August 2024
Weekly Market Commentary THE WEEK IN REVIEW: Aug. 11-17, 2024 Not enough just yet The Producer Price Index (PPI) and Consumer Price Index (CPI) readings for July were reported last week. Both showed that inflation is declining but is inching downward in an almost painfully slow manner. The decline from 3.0% to 2.9% in CPI…
Weekly Market Commentary THE WEEK IN REVIEW: Aug. 4-10, 2024 Market turbulence continues as recession worries persist It was hard to avoid seeing what happened last week as the recent decline in equity markets continued. Markets took a huge hit on Monday, with the volatility index (VIX) spiking before settling in the mid-20s. That’s a…
Weekly Market Commentary THE WEEK IN REVIEW: July 28 – August 3, 2024 Markets drop amid recession worries, Fed rate decision and global pullback It’s somewhat of an understatement to say last week was a rough one for markets. The slide started midweek, when the Federal Reserve decided to keep rates where they are for…
Market Minute August 2, 2024 The U.S. stock market experienced a significant slump on Friday as investor concerns about economic growth were heightened by a cooler-than-expected jobs report. The Dow Jones Industrial Average plunged 610 points, or 1.51%, to around 39,358. The S&P 500 saw a decline of 100 points, or 1.84%, landing at 5,302,…
AE Wealth Management: Weekly Market Insights | 8/18/24-8/24/24
Weekly Market Commentary THE WEEK IN REVIEW: August 18-24, 2024 Fed takes its foot off the gas The Federal Reserve’s annual symposium continues to be a significant news-making event in between their regular meetings. Central bankers from around the world flew into Jackson Hole, Wyoming, last week to attend what has become the globe’s premier…
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