The June CPI number came in at 9.1%. This is not only the second consecutive month that we’ve seen an increase – it was a whopper. [Read more…]
Staying Safe Around Bears
Staying Safe Around Bears
The S&P 500 recently breached bear territory, which is largely agreed to be a market that has dropped 20% from a recent peak. [Read more…]
July 2022 Market Commentary
July 2022 Market Commentary
After a barely positive May, June saw the bear market return across indices. We ended up with the worst first half performance since 1970. [Read more…]
The Fed Increases Velocity
The Fed Increases Velocity
The Federal Reserve raised the key short-term interest rate by 75 basis points in response to the release of the May headline CPI number, which increased to 8.6%. This marked the first 75 basis point increase in the Fed funds rate since 1994. [Read more…]
June 2022 Market Commentary
June 2022 Market Commentary
The Fed lion has found the courage to increase interest rates drastically, the inflation tiger is still ambushing the economy, and now the stock market is flirting with bears. [Read more…]
Are Fed Actions Working?
Are Fed Actions Working?
After April’s downturn, the first two weeks of May have not seen substantial improvement. By Thursday, May 12, markets were dangerously close to bear territory. The Fed enacted a 50-basis point increase in the Fed funds rate at the May FOMC meeting, and we also now have April’s key data. [Read more…]
