The 3rd quarter closed right on schedule despite the seeming surprise of its arrival among some newsmakers. Important updates in the week included the latest Personal Consumption Expenditures (PCE) data.
Weekly Review & Outlook: September 11, 2023
Equity and bond markets both slumped last week as macro data on a whole was slightly better than expected. The “bad news is good news†script from the prior week
Weekly Review & Outlook: September 4, 2023
Macroeconomic data in the week continues to show a slowing economy and in-line inflation data. A “bad news is good news†market response took shape with equities and Treasuries both
Weekly Review & Outlook: August 21, 2023
Another light volume trading week saw bank stocks consolidate lower to various bank sector indices’ 50 day moving averages. Better than expected economic data along with another rating agency warning,
Weekly Review & Outlook: August 14, 2023
Summer vacation was in full swing last week with equity trading volumes more than -10% below year to date averages. Still the economic data on the week was sufficient to
Weekly Review & Outlook: August 7, 2023
On occasion I have half-heartedly joked that when I was young, I read books. As I aged, I focused more on periodicals. With the introduction of smart phones and social