Market Indexes: An optimistic week as traders seem to be awaiting the Fed’s decision on Wednesday, Feb 1st. Will they hike by 50 bps or 25 bps? All evidence points to the Fed remaining hawkish - GDP was released this week coming in at +2.9% growth...
Market Indexes: Even though the holiday-shortened week started on a bullish note, this year's impressive global risk rally fizzled out later in the week, and most stocks finished lower following two positive weeks. While cyclical issues gave back a large chunk of last week’s gains due...
Market Indexes: We entered the week patiently awaiting the December CPI print which consensus had estimated at +6.5% year-over-year. Indexes rallied on the hopes of a deflationary number which would support the Fed to take the stance to pause on hiking rates. Friday kicked off Q4...
Market Indexes: Happy New Year! I don’t think anyone invested in the markets are upset to say goodbye to 2022, which when viewed from both stocks and bonds was one of the worst we’ve seen in the last century. The month of December was no different...
December 16th, 2022 Market Indexes: It was one of the busiest weeks of year for economic events and data releases, which were highlighted by the following: Federal Reserve’s announcement to raise rates .50%, November Consumer Price Index (CPI), November Industrial Production, U.S. November Retail Sales, New York...