Weekly Market Commentary THE WEEK IN REVIEW: Dec. 22-28, 2024 Markets lose some fizz after Christmas The market found its footing after the disappointment following the most recent Federal Reserve meeting. We recovered most of the losses and were right back to the levels we were at just prior to the Fed telling us not…

Weekly Market Commentary THE WEEK IN REVIEW: Dec. 15-21, 2024 You’re a mean one, Mr. Powell Federal Reserve Chair Jerome Powell played the Grinch last week by signaling the Fed would be less aggressive in its approach to lowering interest rates in the coming year, even though it delivered an anticipated quarter-point (0.25%) cut at…

Weekly Market Commentary THE WEEK IN REVIEW: Dec. 8-14, 2024 Nasdaq closes above 20,000 As we forecasted a few weeks ago in this commentary, the Nasdaq closed above 20,000 points before year-end, driven primarily by Big Tech.1 Still, last week was mostly weak as we were down four out of five days. Despite those down…

Weekly Market Commentary THE WEEK IN REVIEW: Dec. 1-7, 2024 Markets providing early holiday joy It was hard to find anything to complain about last week, unless the suddenly colder weather made the low-tire light on your dashboard come on. But is that really a problem — or do we just need something to complain…

Weekly Market Commentary THE WEEK IN REVIEW: November 24-30, 2024 Has the Santa Claus rally started? The market continued to climb during the short trading week, with only an interruption on Wednesday after the Federal Reserve’s preferred inflation measure showed inflation is moving sideways.1 This data sparked debate (again) about the pace and magnitude of…

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…