March 10th, 2023 It was another tough week for markets as Fed Chairman Jerome Powell’s comments before Congress, a hotter than expected jobs report and a late-breaking announcement that the FDIC had seized control of tech-lender, Silicon Valley Bank, combined to rattle investors’ nerves. In his remarks before the Senate Banking Committee, Powell prepared markets…
Read More
March 3rd, 2023 The fourth time was the charm for the S&P 500, which posted its first winning week since late January. After oscillating between positive and negative territory for much of the week, Friday’s economic reports were viewed favorably by investors, who focused more heavily on what the data suggested for the economy’s resiliency…
Read More
February 24th, 2023 It was a dreary week for markets as investors were no longer able to ignore the growing evidence of inflationary pressures reemerging within the economy. Significant economic releases were back-end loaded, but trading throughout the week’s holiday-shortened sessions managed to foretell what those reports would show. Jobless claims, consumer spending, new home…
Read More