Stocks End the Week Mixed As January Inflation Comes in Higher Than Expected

Major stock indices ended the week mixed with U.S. based indices lower and foreign developed and emerging markets higher.  While, year over year, the consumer price index and producer price index have fallen, January’s monthly figures came in higher than expected.  Especially when removing volatile food and energy, core inflation remains significantly above the FED’s […]

Stocks Continue to Gain As Q4 Earnings Are Strong

Major stock indices continued to gain except for the Dow 30 Industrials which ended the week nearly flat.  Corporate earnings and strong economic growth are attributed to the gains.  Consumer loan delinquencies are now above pre-pandemic levels but are running below than long term averages. Treasury bond yields rose with the 30-year bond yield at […]

Stocks End a Volatile Week Mixed

The Federal Reserve met and chose to leave its benchmark interest rate unchanged.  While the FED indicated that rate cuts were likely this year, Chairman Powell ruled out the possibility of a cut during the next meeting in March which caused a selloff on Wednesday.  However, markets mostly recovered by week’s end on strong economic […]

Stock Post Modest Gains as Inflation Moderates and Growth Remains Strong

Major stock indices ended the week with modest gains as inflation continues to moderate and economic growth remains strong.  3rd quarter gross domestic product and December consumer spending were strong.  Still, we believe it is unlikely that the FED will cut interest rates or give an indication that rate cuts will come soon at its […]

Stocks End the Week Mixed Following The Start of 1st Quarter Earnings

Major stock indices ended the week mixed with gains in U.S. indices but losses in developed international and emerging markets.  The Nasdaq composite index had the largest gain.  S&P 500 companies started reporting 1st quarter earnings with modest gains from a year ago. Treasury bond yields rose with the 30-year bond yield at 4.333% and […]