Market Moment October 24, 2023
No lack of front-page news to make investors nervous and red meat for the media. Conflict in Israel House Speaker Gridlock Looming Government Shutdown November Inflation FED Rate Increases Recession Conflict in Ukraine The above list is in an order in terms of what is...
Market Moment 8-01-2023
In June 2022 (last year) the US hit a 40-year inflation high for the Consumer Price Index “CPI” +9.1%. It was caused in part by the overdose of easy monetary policy by the Federal Reserve “FED” & fiscal policy by Congress. Result = morphine money to treat a...
Market Moment 6-05-2023
Zoom Out and focus on the current and not the ripples on top of the river. The Ripples: how the press/media and generally how most retail investors think and talk about the markets and the economy. Regional Banks have been destroyed or have required an emergency room...
Market Moment 5-01-2023
“The markets climb a wall of worry.” It’s a phrase that has existed since I was a young trader in 1989; and I’m sure it was around long before then. It describes the financial markets’ ability to overcome and continue to rise in the face of negative news and...
Market Moment 3-20-2023
2023 has continued to be volatile for the markets and the economy. Inflation continues to cool, and FED monetary policy is now breaking things. Despite the volatility, the financial markets for broader indexes are up; with the narrower DJIA 30 position index...
Market Moment 1-24-2023
A New Year: Monetary Policy – a Federal Reserve reduction in rate hike pace coming to a full stop. Economic Conditions – remain resilient. Does the FED like this? Does the economy hit stall-speed? Inflation declining. Markets – bonds stabilizing, equities following...
Market Moment 12-1-2022
Market Moment Thursday December 1, 2022 November has shown a shift that was encouraging to the financial markets. Fed Chair Powell spoke Wednesday at Brookings Institution and has not overtly changed his tone.... or has he? The same Fed Chair who had a completely...
Market Moment 11-14-2022
Market Moment Monday November 14, 2022 The two primary factors dictating the direction of the financial markets are inflation data and commentary by Federal Reserve Officials. This past Thursday the inflation data came in softer than anticipated (7.7% reported vs...
Market Moment 7-18-2022
FED rate expectations and inflation data whipped the markets down and then back up to finish last week. Both will continue to dominate the market narrative until we get signs that the FED is seeing inflation calm down. On Wednesday the CPI (consumer price index) was...
Market Moment 7-5-2022
The second half of 2022 for the markets begins now. The following is a summary of 15 Wall Street Strategists published (CNBC) year-end estimates for the S&P 500 index. These come from firms such as Merrill Lynch, CitiBank, Credit Suisse, Goldman Sachs, JP Morgan,...