May Market Recap

April was relatively light on big financial headlines, at least compared to a month earlier, which led to a lot of sideways grinding for the major stock indices.

April Market Recap

April was relatively light on big financial headlines, at least compared to a month earlier, which led to a lot of sideways grinding for the major stock indices.

Stock rally raises the bar for earnings

Stocks offered cold comfort to investors last year, but equity markets have begun to thaw as inflation pressures slowly subside and the Fed inches closer to the end of its rate-hiking cycle.

February Market Recap

None of us need to be reminded of high inflation or the laundry list of challenges that come with it. While the latest Consumer Price Index (CPI) has fallen to 7.1%, the cost-of-living for Americans is still increasing at the fastest pace since the early 1980s. Inflation and high interest rates are undoubtedly real problems, but they do have some silver linings.

Despite Fed’s best punch, U.S. economy still standing

The U.S. Federal Reserve has come a long way since its chairman, Jerome Powell, dismissed inflation as “transitory” nearly three years ago. To their credit, Powell and the Fed governors eventually confronted that massive miscalculation and have spent the last 12 months aggressively raising interest rates in their battle against inflation.