January 6th, 2023 Bulls closed the first trading week of 2023 on a high note, pushing the Dow Jones Industrial Average up 700+ points on Friday. Lighter wage gains in the December nonfarm payrolls report and an unexpected contraction in the services sector helped spur investors off the sidelines on hopes slowing economic growth will…
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December 16th, 2022 Hopes were dashed for a year-end Santa rally as a series of economic reports painted a mixed outlook for the economy. Markets rallied early in the week as November’s CPI report showed inflation shifting lower month-on-month, bringing some much need relief to inflation-weary consumers. However, the market’s momentum stalled on Wednesday as…
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December 9th, 2022 Growing recession fears rattled markets this week as investors fretted over whether the Federal Reserve’s on-going tightening policy will lead to lower demand for goods and services. Consumers have continued to spend despite higher prices, but they are increasingly being forced to be more economical, and use savings, in recent months as…
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