The Markets (as of market close March 3, 2023) A late rally sent stocks higher by the end of last week. Each of the benchmark indexes listed here gained nearly 2.0%, with the Nasdaq climbing 2.6% to lead the way. The large caps of the Dow and S&P 500 also rallied...
Suggesting an economy makes “no landing” makes no sense. Analogies eventually break down, especially this one. Economic activity does not stop like an airplane eventually does, but rather the economy will settle into a steady state where growth is consistent with...
While concerns about the debt ceiling have been increasing, markets, businesses, and the economy are likely to see only minimal impact until we are days, or maybe a few weeks, from the “x date,” the date on which the federal government will no longer be able to meet...
The Markets (as of market close February 24, 2023) Wall Street reacted negatively to hotter-than-expected inflation data at the end of last week. Each of the benchmark indexes listed here closed lower, with the Nasdaq falling more than 3.3%, while the remaining...
The Markets (as of market close February 17, 2023) Investors spent much of last week contemplating the impact of the latest inflation data and favorable economic reports. Consumer prices, producer prices, and export prices rose in January, while retail sales also...
