November 18th, 2022 With a slow Thanksgiving week just ahead, investors had their hands full this week contending with a series of key economic reports and a parade of Fed official speeches. Tuesday’s producer price report confirmed the softening trend in inflation seen in last week’s CPI report. This initially launched markets higher on the…
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November 11th, 2022 Voters headed to the voting booths on Tuesday for one of the most hotly contested midterm elections in history. Polls heading into the election suggested a “Red Wave” might be in the works, similar to the 1994 and 2010 midterms where Republicans gained 54 and 64 seats, respectively. Wall Street placed wagers…
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November 4th, 2022 The market had an uphill challenge coming into the week, having both the Fed and jobs announcements stacked against it. That didn’t stop bulls, however, from trying to keep the momentum going, despite the week’s major data releases being less than supportive of their case. On Wednesday, the Fed raised rates by…
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