Peek of the Week
Peek of the Week - Weekly Market Commentary for November 6, 2023. Today's Peek of the Week asks “will there be a year-end rally in the stock market?” while also acknowledging that no one knows with any certainty what the future will bring. As investors try to predict market lows and highs, they remember that creating a well-allocated and diversified portfolio is the best way to combat any uncertainty in the markets.
Read MoreLabor Day is an annual celebration to recognize the social and economic achievements of American workers. The first Labor Day was celebrated in September of 1882 in New York City and in 1894 President Grover Cleveland signed a law making the first Monday in September a national holiday. We hope this Labor Day you take some time honor yourself and the contributions that you’ve made to make this world a better place for your company, your family and yourself.
Read MoreToday's Peek of the Week attempts to answer this question. With everything going on, investors have embraced the idea that the Federal Reserve can be persuaded to slow the pace of rates hikes. Investors saw stocks move higher last week, but the bond market was less optimistic after more Consumer Price Index (CPI) data was released. So what's the chance of a recession happening? According to Vince Golle and Kyungjin Yoo of Bloomberg, the chance of a recession within the next year is just below 50-50.
Read MoreA lot of people are worried that a recession is in our future. Some believe it may already be here. Our Peek of the Week pumps the brakes on the whole "recession" idea to evaluate the facts, details and future estimations. Unemployment is low, inflation is high, and both tend to occur in an economy going through some strong growth. So, which is it?! Are we experiencing strong growth or going through the early stages of a recession? It's important to remember that the models used to predict these things can be volatile, resulting in questionable or conflicting data.
Read MoreAccording to today's blog, "rising inflation is a bit like a child throwing a temper tantrum in the grocery store." Would you agree? And, what will it take to calm this wild child down?
Our Peek of the Week explains how the Fed is laser focused on calming our country's conditions of inflation and volatility. Fed Chair Jerome Powell was quoted saying, "We have both the tools we need and the resolve that it will take to restore price stability on behalf of American families and business."
Read MoreLast week, the FOMC (Federal Open Market Committee) met and decided to raise the federal funds target rate by a quarter point. Most people were expecting this to happen, and Jerome Powell expects the Fed will continue to raise rates in 2022 in hopes of lowering inflation. Today's Peek of the Week has insight about the yield curve, future rate hikes and implications of Russia's invasion of Ukraine. Investors felt reassured after last week's improved clarity. Major U.S. stock indices rallied and accomplished some gains.
Read MoreInvestor optimism is low. In only two weeks, the war has altered the status of over two million people in Ukraine. In response, investors are focusing on the short-term implications of the war. Today's Peek of the Week dives into the top investor concerns such as slowed economic growth, rising inflation, supply chain breakdowns and the demand for goods that simply aren't available. Also today: equality in the workplace is a topic that follows us throughout time and today's blog brings us some updated facts when it comes to women in the workplace.
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