In The News

The Federal Reserve dominated the headlines as the market waited on their post-meeting statement and Chair Powell’s press conference to detail how the Fed is consuming elevated inflation readings. Although there was not much material information shared, the market took guidance from the Fed to mean accommodative policies may not last as long as previously […]

Last Friday marked the end of May trading for markets and another month of value stocks outperforming their growth counterparts. The technology sector, therefore, growth-dominated Nasdaq Index closed May in the red for the first time in six months, but the S&P 500 Index closed higher for the fourth consecutive month. A month of volatility […]

The S&P 500 posted its second consecutive week of losses, fueled by rising inflation, talks of the Federal Reserve winding down easy monetary policy, and cryptocurrency showing its highly volatile traits. The stock market is stuck between a consumer-driven reopening powering the economy through at least the rest of 2021 and digesting what some unexpected […]

Last week ended with Jobs Friday, the monthly economic announcement of how many jobs the U.S. economy added in the previous month. April was supposed to be a record-breaking month, with the average economist estimating one million jobs were added. However, being an economist is more of an art than a science, and no economist […]

From expectations beating GDP, to a record rise in household income, and a flood of corporate earnings, the final week of April was anything but light on news. Although the market ended flat last week, that did not stop the S&P 500 Index from finishing up over 5% for the month. After a first-quarter rotation […]

After four straight weeks of gains from the S&P 500 Index, last week broke the trend and ended the week slightly in the red. Stocks spent the week digesting mixed news from COVID-19 infections increasing globally, most notably in Asia, to the lowest weekly unemployment claims since the pandemic began. Being in the heart of […]

Economic Recovery Optimism surrounding the economy reopening built steadily over the first quarter. 22% of the U.S. population is now fully vaccinated against COVID-19, with another 14% receiving the first dose. Many states are rolling back COVID-19 restrictions, some more aggressively than others. Texas Governor Greg Abbott announced on March 2nd he was “opening Texas […]

Last week ended with the S&P 500 Index up over 2%, the third straight week the benchmark has finished in positive territory. Much of this gain was generated right from the market open on Monday morning as the stock market got its first chance to trade the expectation beating the March jobs report, which was […]