September 27th, 2024
More good news for the US economy this week as the Fed’s favorite inflation measure (PCE Price Index) showed that inflation has fallen to 2.2% according to this indicator. Economists surveyed by Dow Jones had been expecting PCE to rise…
September 20th, 2024
Wednesday was a major inflection point for economies and markets around the world. After a period of rising interest rates that started at the beginning of 2022, the Fed cut interest rates 0.50% on Wednesday, signaling that their focus has…
September 16th, 2024
As expected, markets have been more volatile in the second half of 2024, but major stock market indices remain near their all-time highs despite the increased uncertainty. Markets are hanging in there as investors are balancing weakening economic data with…
September 6th, 2024
Markets are off to a bumpy start in September as some investors are searching for signs of a coming recession. The August jobs report came out this morning and showed that 142,000 jobs were created last month, slightly less than…
August 30th, 2024
As of Friday morning, markets are finishing the month on a positive note. The Fed’s favorite inflation measure (PCE, or Personal Consumption Expenditures price index) for July 2024 was published today by the Bureau of Economic Analysis. It showed that…
August 23rd, 2024
It was a fairly quiet, but positive week for the markets. Goldman Sachs cut its probability forecast for a U.S. recession in the next 12 months to 20% from 25%. https://www.cnbc.com/2024/08/19/goldman-sachs-cuts-odds-of-us-recession-to-20percent-on-fresh-data.html There was one interesting economic data point published this…
August 16th, 2024
Markets continue to recover from the two-day sell-off that began the month of August. Good economic news since the decline is indicating that investors likely overreacted to the weaker-than-expected July jobs number. The July inflation numbers released this week showed…
August 5th, 2024
The Fed met this week and, as expected, left interest rates unchanged, paving the way for the first cut to come in September. However, recent weakening economic data and disappointing earnings announcements have stoked fears that September may be too…
July 26th, 2024
Stock markets were volatile this week and (as of Friday morning) are looking to finish the week slightly lower apart from US small cap stocks, which have had another good week and are set to finish higher. Bonds were mainly…
July 19th, 2024
US equity markets have begun a significant rotation this month. We have written about the handful of tech stocks that have been responsible for more than half the return in some of the most popular stock indices during the first…
