Macro economic updates show evidence of a slowly expanding economy driven by Services sector expansion. The focus will turn banking sector and company specific this week as 4Q23 reporting begins
Weekly Review & Outlook: January 2, 2024
“Soft landing process will likely be bumpy.†– Patrick Harker, Philadelphia Fed President Equivocations and euphemisms create the equivalent of Rorschach inkblots that allow each listener or reader their unique
Weekly Review & Outlook: December 18, 2023
The Fed delivered the dovish message for markets to extend rallies in equities and Treasuries. With limited macro news between now and year end, my expectation is for markets to
Weekly Review & Outlook: December 11, 2023
The last remaining major macroeconomic updates of 2023 are on tap for this week. Focus is squarely on the November Consumer Price Index (CPI) report and the final Federal Open
Weekly Review & Outlook: December 4, 2023
Additional October inflation data supported the earlier moderating inflation readings while PMI data suggest sluggish below long term trend economic growth. Consensus opinion that the Fed has reached its cycle
Weekly Review & Outlook: November 20, 2023
October inflation data provided relief to both equity and bond markets as confidence that the Fed has reached the terminal rate in the hiking cycle increased. In the upcoming holiday