Weekly Market Review – October 8, 2022
Stock Markets For the first time in four weeks, stocks ended higher although most of the week’s gains were relinquished before the close of trading on Friday. While encouraging economic reports prompted some buying interest, the data suggested that inflation was not slowing enough to satisfy the policymakers in the Federal Reserve. Only the utilities […]
Weekly Market Review – October 1, 2022
Stock Markets Market volatility has once again intensified over the past several weeks, particularly after the last FOMC meeting. Although there is much controversy about whether the economy can emerge unscathed from the increasingly tightening monetary policy onto a so-called “soft landing,” the financial markets appear to be pricing in an impending recession as a […]
Weekly Market Review – September 24, 2022
Stock Markets This is the second consecutive week that stocks fell sharply, particularly after the Federal Reserve policymakers announced that short-term interest rates are expected to move up aggressively over the next several months. Indexes this past week dropped precipitously, with the Dow Jones Industrial Average (DJIA) losing 4.00% of its value and the total […]
Weekly Market Review – September 17, 2022
Stock Markets Stocks fell sharply this week, registering their largest weekly drop in three months. Inflation fears intensified with the announcement of a higher-than-expected consumer price index (CPI). Simultaneously, and for the same reason, short-term bond yields reached levels not seen since 2007, during the advent of the subprime financial crisis. The Dow Jones Industrial […]
Weekly Market Review – September 10, 2022
Stock Markets After a streak of three consecutive weekly losses, stocks rebounded this week, a sign that investors are gaining confidence that the market may have temporarily bottomed out after retracing half of its summer gains. Inflation concerns appear to have been moderated with the expectation that the Fed’s future hawkish measures may be tempered. […]
Weekly Market Review – September 3, 2022
Stock Markets Stocks ended in negative territory for the week as market participants continued to discount the ramifications of messages from the Federal Reserve officials pointing to more aggressive policy tightening ahead. Fed Chair Jerome Powell informed investors on Friday this week that they are committed to further raising rates in further attempts to rein […]
Weekly Market Review – August 27, 2022
Stock Markets Stocks were driven sharply lower this week due to concerns that the Federal Reserve may not be able to control inflation without further aggressive rate hikes. Investors fear that further increases in interest rates may well cause a significant economic slowdown. The Dow Jones Industrial Average (DJIA) plunged 4.22% while the total stock […]
Weekly Market Review – August 20, 2022
Stock Markets Markets were generally down for the week. The Dow Jones Industrial Average (DJIA) slipped by 0.16%. All sectors were down although the utility average bucked the trend and climbed by 1.39%. The S&P 500 Index descended by 1.21% while the Nasdaq Stock Market Composite slumped by 2.62%. The NYSE Composite fell by 1.37%. […]
Weekly Market Review – August 13, 2022
Stock Markets When inflation data released last week showed it slowing down on a monthly basis, despite still being elevated year-on-year, stocks rallied significantly in hopes that the rise in consumer prices may have seen their highest level. The market appeared optimistic that the Federal Reserve would move away from raising rates by 75 basis […]
Weekly Market Review – August 6, 2022
Stock Markets Stocks were mixed throughout trading this past week due to a stronger-than-expected jobs report and renewed investor worries that the Federal Reserve will continue with its aggressive monetary policy. The Dow Jones Industrial Average (DJIA) dipped marginally by 0.13% with all sectors down although the total stock market index rose by 0.67%. Tech […]