Posts by webteam

Weekly Market Commentary THE WEEK IN REVIEW: June 25 – July 1, 2023 Fed chairman keeps sights set on potential rate increases Federal Reserve Chairman Jerome Powell doubled down on talk of additional, consecutive interest rate increases in the coming months — forecasting a potential half-percentage-point increase through the end of 2023 as the Fed…

Weekly Market Commentary THE WEEK IN REVIEW: June 18-24, 2023 Markets pause as summer officially starts and Powell weighs in After reaching 4,400 points at breakneck speed, the S&P naturally took a few steps back last week. Markets have slumped since the last Federal Reserve meeting, as they digested recent gains and consolidated at a…

Weekly Market Commentary THE WEEK IN REVIEW: June 11-17, 2023 The 11th time is the charm! Stop, skip — or something else? As expected, the Federal Reserve left interest rates alone last week after raising rates at its prior 10 meetings. Markets have been clamoring for a cessation in rate increases since the beginning of…

Weekly Market Commentary THE WEEK IN REVIEW: June 4-10 The bull is back for the S&P 500 Last week was a quiet one for trading, and markets seemed to be holding their breath in the days leading up to this week’s Federal Reserve meeting. Although it wasn’t a stellar performance week, the S&P 500 reached…

Weekly Market Commentary THE WEEK IN REVIEW: May 28-June 3 Done deal! The debt ceiling drama finally ended last week with a deal that seemed to please no one. Of course, that’s the way compromise works — no one gets everything they want. The good news is we avoided a self-inflicted wound to our economy…

Weekly Market Commentary THE WEEK IN REVIEW: May 21-May 27 Take it to the limit — one more time! “So put me on a highwayAnd show me a signAnd take it to the limit one more time” Remember the Eagles song? It must feature prominently on our elected officials’ playlists, because no matter how dire…

The Debt Ceiling’s Impact on Your Investments Should the U.S. raise the debt ceiling? That’s the debate currently raging in Congress. So far, both parties have remained firmly entrenched in their positions (Republicans — yes, but with provisions for spending cuts; Democrats — yes, with no provisions). Meanwhile, news outlets are reporting officials must act…

,Weekly Market Commentary THE WEEK IN REVIEW: May 14-May 20 Dancing on the debt ceiling As talks come down to the wire (again), the debt ceiling limit debate continues to loom over the markets and economy. You could barely turn around last week without hearing all the dire predictions of what could happen if we…

Weekly Market Commentary THE WEEK IN REVIEW: May 7-May 13 Inflation numbers tick down — but is it enough for Fed? New inflation data came in last week. The consumer price index (CPI) came in at 4.9% year over year in April, just slightly under the 5.0% reading from March. It’s not much, but it…