Archive for November 2024

Weekly Market Commentary THE WEEK IN REVIEW: November 17-23, 2024 Markets resume their advance The markets resumed their upward march last week, recouping much of the previous week’s losses and closing in on record highs. It appeared markets shrugged off comments from Federal Reserve Chair Jerome Powell regarding the potential slowing or decreasing of rate…

Weekly Market Commentary THE WEEK IN REVIEW: November 10-16, 2024 Markets moved up quickly, but they’ve stalled for now The market took a bit of a breather last week after spiking upward immediately after the election. The Dow pierced 44,000 points, the S&P 500 hit 6,000, and the Nasdaq rose above 19,000 for the first…

Weekly Market Commentary THE WEEK IN REVIEW: November 3-9, 2024 What a week. November has been a whirlwind so far — and we’re not even halfway through. The first week of the month brought lots of big data, including third-quarter gross domestic product (GDP), the latest inflation report and updated jobs numbers. But all that…

Weekly Market Commentary THE WEEK IN REVIEW: October 27-November 2, 2024 A wild ride to close out October After nearly a month of waiting for Israel to respond to the Iranian missile attack on Oct. 1, the Israel Defense Forces (IDF) struck military installations in Iran,1 including military missile defense and production facilities. It was…