by Bill Spalding | Aug 14, 2024 | Market Commentary
The Markets Stock markets swelled and dropped like waves at the Olympic surfing competition in Tahiti.It is often said that markets hate uncertainty. There was a lot of uncertainty last week, and it showed. “The technology-heavy Nasdaq 100 Index soared 3 [percent] on...
by Bill Spalding | Jul 11, 2024 | Market Commentary
The Markets The positive markets continue. Last week was a mixed bag as investors weighed positive economic news against concerns that stock prices for some chipmakers may not be sustainable. Here are the highlights: Inflation slowed to zero.On Friday, one of the...
by Bill Spalding | Jun 11, 2024 | Market Commentary
The Markets Overall, May was a good month for investors. The adage, “Sell in May and go away,” would have been poor advice last month. Major stock indices in the United States finished the month higher. Despite the positive returns, May was also a volatile month for...
by Bill Spalding | May 14, 2024 | Market Commentary
The Markets A trio of issues have caused investors to reassess their expectations for the year. Here’s what many were thinking about: Prices rising at home. Recently, the Consumer Price Index showed prices had moved higher in March. Headline inflation was 3.5 percent...
by Bill Spalding | Apr 9, 2024 | Market Commentary
The Markets What do dieters have in common with the Federal Reserve? If you’ve ever committed to a diet, you may be familiar with the weight-loss plateau. Many people experience steady progress. The bathroom scale moves lower week by week – until it doesn’t – and that...
by Bill Spalding | Mar 10, 2024 | Market Commentary
The Markets Enthusiasm for everything related to artificial intelligence (AI) drove a global stock market rally last month. Equity markets in the United States, Europe, and Japan hit highs after a leading chipmaker reported better-than-expected earnings and an...