Jul 17, 2022 | Wealth Management
Stocks finished sharply higher on Friday, snapping a five-day losing streak thanks in part to stronger than expected retail sales data and a moderation in inflation expectations. But Friday’s rally still was not enough to overcome three days of selling earlier...
Jul 3, 2022 | Wealth Management
US economy is slowly but surely showing signs of deterioration in economic growth. Earlier this week, Purchasing Managers’ Index (PMI) came in at 51.2, the weakest level since January. Forward looking indicators are projecting economic contraction in the third...
May 29, 2022 | Wealth Management
The Federal Reserve minutes of the May meeting, released earlier this week, gave investors a pretty clear roadmap for the summer. The minutes highlighted the Fed’s focus on inflation and with rate hikes of 50 basis points in the June and July meetings. The stock...
May 8, 2022 | Wealth Management
Very few Fed meetings have been as important as one on Wednesday this week. After Fed Chair Jay Powell’s prepared comments, the perfect question from the CNBC reporter during the Q&A session that turned the markets around was “Will there be a 75 basis point...
May 1, 2022 | Wealth Management
The bad news – stocks closed out their worst month in years, as investors battled a host of headwinds, including monetary tightening from the Federal Reserve, rising interest rates, worsening inflation, COVID lockdowns in China and the ongoing war in Ukraine....
Apr 17, 2022 | Wealth Management
Stocks meandered lower this week deepening losses for all three of the market’s benchmark indexes. The moves came as investors focused on inflation with Treasury yields climbing higher, and back-to-back inflation reports showed prices posting record advances. The main...
