Market Recap – December 4, 2023

Market Recap – December 4, 2023

Financial markets reacted favorably to the positive updates on earnings, inflation, growth, spending, and consumer well-being reported this past week.  Mid- and longer-term Treasury yields declined, and stock markets were up.  The S&P closed the week up 0.87%, up...
Market Recap – December 4, 2023

Market Recap – November 27, 2023

There is much to be thankful for in the U.S. economy: third quarter GDP growth at 4.9% is a gift from consumers as we are seeing slowing growth but no recession in the current fourth quarter, slowing wage and price inflation and likely achieving the Fed’s 2% inflation...
Market Recap – December 4, 2023

Market Recap – November 20, 2023

Last week’s CPI inflation report buoyed both bond and stock markets causing mid- and longer-term Treasury rates to fall and stock prices to achieve their three-week straight rally, with the S&P 500 closing the week up 2.44% and up 18% so far this year. October CPI...