Market Recap – October 30, 2023

Market Recap – October 30, 2023

Coming to the end of the three months that are often the most difficult for equity markets, the S&P 500 has entered a “correction” and is down 10.3% from its July 31 high for the year.  It is suffering from the barrage of negative headlines on recession, growth...
Market Recap – October 30, 2023

Market Recap – October 23, 2023

The discussion on soft landing and recession is heating up as to whether the Fed “needs” to create a recession to wring out the last bit of inflation.  GDP growth is averaging 2.1% in the first half of 2023 and expected to be 3.5% (annualized) in the third quarter –...
Market Recap – October 30, 2023

Market Recap – October 16, 2023

The big news last week was that September CPI core inflation declined but at a slower pace.  This decline, along with rising mid- and longer-term Treasury rates, will allow the Fed not to raise interest rates any further this year.  Year-over-year headline inflation...