A new year, a new market rally. The fabled goldilocks scenario of falling inflation and slowing interest rate hikes was enough to warm the stock market up in January. December saw the smallest increase in inflation in over a year. Meanwhile, the Fed reduced the size...
Market Summary The S&P 500’s steady climb higher was interrupted this week, reversing course to fall nearly 2%. The biggest weekly drop since February. The Federal Reserve acted as the catalyst for this latest bout of volatility. On Wednesday, the FED issued...
Market Summary A quiet week in trading by current standards saw U.S. Stock indexes drop between 1% and 1.5%. Declining retail sales and employment figures became the area in focus despite more stimulus proposals. A decline in U.S. retail sales in December marked the...
Market Summary The unrelenting upward march of the stock market that we became so accustomed to during the second half of 2020 continued into 2021, with the S&P 500, Dow Jones Industrial Average, NASDAQ, and Russell 2000 all setting record highs last week. Much of...
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