Yearly Archives: 2022
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Last Week’s Markets in Review: GDP and PCE Data Stun Hopes of a Santa Clause Rally
12-27-2022Just one day after U.S. markets reported strong consumer confidence figures while simultaneously getting strong corporate earnings figures from companies such as Nike and FedEx, the third estimate of 3rd quarter U.S. real gross domestic product (GDP) delivered on Thursday indicated an increased annual growth rate of 3.2%. ... Read More
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Last Week’s Markets in Review: Fed Raises Rates Again as Economy Slows
12-19-2022In the holiday-shortened trading week, markets were relatively stable as all market-moving data funneled in on Wednesday. Durable goods orders rebounded sharply in October as new orders came in at 1% month-over-month and above consensus expectations of 0.4%. Weekly jobless claims were reported at 240,000, above consensus estimates of 225,000 ... Read More
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Last Week’s Markets in Review: Prevalent Recession Concerns Ahead of Rate Hikes
12-12-2022In the holiday-shortened trading week, markets were relatively stable as all market-moving data funneled in on Wednesday. Durable goods orders rebounded sharply in October as new orders came in at 1% month-over-month and above consensus expectations of 0.4%. Weekly jobless claims were reported at 240,000, above consensus estimates of 225,000 ... Read More
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Last Week’s Markets in Review: Powell Suggests Smaller Rate Hikes Ahead
12-05-2022In the holiday-shortened trading week, markets were relatively stable as all market-moving data funneled in on Wednesday. Durable goods orders rebounded sharply in October as new orders came in at 1% month-over-month and above consensus expectations of 0.4%. Weekly jobless claims were reported at 240,000, above consensus estimates of 225,000 ... Read More
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Last Week’s Markets in Review: Thanksgiving Day Inflation and FOMC Minutes
11-28-2022In the holiday-shortened trading week, markets were relatively stable as all market-moving data funneled in on Wednesday. Durable goods orders rebounded sharply in October as new orders came in at 1% month-over-month and above consensus expectations of 0.4%. Weekly jobless claims were reported at 240,000, above consensus estimates of 225,000 ... Read More
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Last Week’s Markets in Review: How Much Longer Will the Consumer Spend?
11-21-2022The past week saw trading sessions where the major equity indexes were volatile but essentially range bound. The volatility was in response to the release of economic data related to the current level of inflation and comments made by several Federal Reserve officials ... Read More
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Last Week’s Markets in Review: Markets Rally on Positive Inflation Report
11-14-2022Last week’s financial markets were focused on two events that affected performance for the past week and future weeks to come which involved the Federal Reserve’s November meeting that concluded on Wednesday with a Press Conference from Chairman Powell and the release of The Employment Situation for October on Friday Morning by the Bureau of Labor Statistics, U.S. Department of Labor ... Read More
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Last Week’s Markets in Review: Fed Raises Rates by 75 Bp Again
11-07-2022Last week’s financial markets were focused on two events that affected performance for the past week and future weeks to come which involved the Federal Reserve’s November meeting that concluded on Wednesday with a Press Conference from Chairman Powell and the release of The Employment Situation for October on Friday Morning by the Bureau of Labor Statistics, U.S. Department of Labor ... Read More