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Last Week’s Markets in Review: Powell Suggests Smaller Rate Hikes Ahead

The past week saw the release of new data concerning the economy, inflation, and employment. Even with a full calendar of meaningful economic data, the headline event was Federal Reserve Chairman Jerome Powell's speech last Wednesday. Throughout this update, we will analyze Powell's speech and the markets' reaction to the Chairman's comments ... Read More

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Last Week’s Markets in Review: Thanksgiving Day Inflation and FOMC Minutes

In 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?

The 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

After months of disappointing inflation reports, economists and market participants alike were handed refreshing news on consumer prices last week. The consumer price index (CPI) reading for October measured a 0.4% month-over-month and 7.7% year-over-year increase, both of which coming in below consensus expectations of 0.7% and 8.0%, respectively ... Read More

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Last Week’s Markets in Review: Fed Raises Rates by 75 Bp Again

Last 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: Stocks Rise on GDP & Earnings Data

For the first time in 2022 the U.S economy delivered real positive growth at a 2.6% pace in the 3rd quarter. The better-than-consensus results would suggest, albeit for a moment, that market participants could be relieved of significant recession fears ... Read More

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Last Week’s Markets in Review: Equities Move Higher as Fed Hints at Slowing

After a few weeks of intense economic data releases, the past week was relatively calm. The headlines were made by corporate earnings for the third quarter of this year, as well as announcements that focused on the current status of the housing market ... Read More

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Last Week’s Markets in Review: Bank Earnings Dampen Inflation Report

Markets continued their volatile swings throughout this past week. The anticipation surrounding consumer price data dominated trading as the S&P 500 index started the week where it had left off, dropping 1.73% between Monday and Wednesday ... Read More

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