Market Recap – April 15, 2024

Market Recap – April 15, 2024

CPI inflation in March was higher than expected. Although March PCE inflation (Fed’s preferred metric) data due out later in April will be more moderate, financial markets are anxious about inflation and when the Fed will begin cutting interest rates.  So, the 10-year...
Market Recap – April 15, 2024

Market Recap – April 8, 2024

March employment growth was stronger than forecast which is positive news for economic growth, consumer spending and corporate earnings.  Stock markets responded positively on Friday, but the S&P 500 closed down 1.07% for the week, leaving it YTD at +9.11%. The...