Weekly Commentaries
AE Wealth Management: Weekly Market Insights | 8/4/24-8/10/24
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…
AE Wealth Management: Weekly Market Insights | 7/28/24-8/3/24
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…
AE Wealth Management: Market Minute 08/02/24 — Markets slump as economic growth concerns rise
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 | 7/21/24-7/27/24
Weekly Market Commentary THE WEEK IN REVIEW: July 21-27, 2024 Up, down and all around Mid-week market mayhem was unleashed last week, as the major indexes dropped significantly off their record highs after disappointing earnings reports from some of the tech giants. The S&P sold off more than 2% on Wednesday, its largest one-day drop…
AE Wealth Management: Market Minute 07/25/24 — Markets move downward as tech earnings disappoint
Market Minute July 25, 2024 Markets moved down significantly on Wednesday. The S&P 500 and Nasdaq both had their worst one-day decline since 2022, while the Dow dropped 504 points. The primary culprit? Disappointing second-quarter earnings from tech giants such as Tesla and Alphabet (Google’s parent company). To give some perspective, this drop seemed inevitable considering…
AE Wealth Management: Weekly Market Insights | 7/14/24-7/20/24
Weekly Market Commentary THE WEEK IN REVIEW: July 14-20, 2024 The wheel in the sky keeps on turnin’ … There’s some spinning and turning going on and we don’t know where we’ll be tomorrow. Last week, we continued to see a major rotation from high-flying tech and growth stocks to what has been called the…
AE Wealth Management: Weekly Market Insights | 7/7/24-7/13/24
Weekly Market Commentary THE WEEK IN REVIEW: July 7-13, 2024 July surprise? Last week, this section was titled “September surprise,” as the chatter in the market was all around the Federal Reserve possibly making a rate cut in September. With unemployment over 4%, all we needed was an improving inflation picture to make markets’ expectations…
AE Wealth Management: Weekly Market Insights | 6/30/24 – 7/6/24
Weekly Market Commentary THE WEEK IN REVIEW: June 30 – July 6, 2024 September surprise? Market trading was dramatically curtailed last week with an early close on Wednesday and markets closed for the Fourth of July holiday on Thursday. Friday was muted, but a lot went on despite the shortened week and light trading. Federal…
AE Wealth Management: Weekly Market Insights | 6/23/24 – 6/29/24
Weekly Market Commentary THE WEEK IN REVIEW: June 23-29, 2024 Inflation and GDP spark rate-cut chatter Last week was pretty quiet. The market meandered through mid-week as we awaited the final reading of first-quarter gross domestic product (GDP) on Thursday plus inflation and payroll numbers for May on Friday. The final reading of first-quarter GDP…
AE Wealth Management: Weekly Market Insights | 8/11/24-8/17/24
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…