by admin | Sep 27, 2024 | Market Outlook, Weekly Wrap
Dear Friends, Last week’s headliner was Jerome Powell and the Federal Reserve (Fed) cutting rates by a half percent on Wednesday, September 18, the first time since the COVID-19 pandemic broke out in 2020. The Fed “pause” ended at 423 days and now stands as the...
by admin | Sep 13, 2024 | Market Outlook, Weekly Wrap
Dear Friends, After the central bankers’ annual Jackson Hole meeting, global central banks are heading for a synchronized easing cycle after one of the most aggressive rate-tightening campaigns ever in 2022 and 2023. The most likely scenario is the Fed will cut by 25...
by admin | Aug 30, 2024 | Market Outlook, Weekly Wrap
Dear Friends, Central bankers from around the globe meet annually in Jackson Hole, Wyoming to discuss the global economy. The event gets a lot of media hype, and for good reason, since the event is often used to introduce new policy ideas. What we learned from Jackson...
by admin | Aug 16, 2024 | Market Outlook, Weekly Wrap
Dear Friends, Stocks must have gotten the memo that August tends to be weak historically. July, the eighth positive month in the past nine, was quickly forgotten as the beginning of August greeted us with a selloff. The primary catalyst was August 2’s...
by admin | Aug 2, 2024 | Market Outlook, Weekly Wrap
Dear Friends, In the past two weeks, we’ve seen a lot of new economic data, including unemployment rate, manufacturing industry survey results, and Initial Jobless Claims. In the July FOMC meeting, the Fed elected to hold interest rates steady while other major...
by admin | Jul 19, 2024 | Market Outlook, Weekly Wrap
Dear Friends, For the first half of the year, the market spotlight has been on a handful of big tech companies that have been driving the markets. What has been less talked about is the fact that the performance of over 70% of stocks that make up the S&P 500 were...
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