Home Stretch – What’s Next?
Home Stretch of 2024. Less than 7 weeks until we usher in 2025! The major US stock market indexes are enjoying double digit gains: The major international stock market index averages are trailing the US: Bond yields have remained range bound most of 2024, however the 10-year US Treasury ended last week with a yield […]
Federal Reserve and Interest Rates
The stock and bond market are attempting to price in the “right” amount of Federal Reserve interest Rate cuts over the next several months. Powell and company next rate announcement will be on September 18th. Last week we heard both the Producer Price Index (PPI) and the Consumer Price Index (CPI) reported as desired. The […]
Sea-Change in the Markets?
Was last week a one-off or the start of a sea-change? There have not been many weeks in 2024 when the Nasdaq has underperformed the other major stock indexes. The major economic news last week was the headline Consumer Price Index (CPI) fell .01 last month. The tame CPI report impacted investment returns last week […]
