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...
by Bill Spalding | Feb 13, 2024 | Market Commentary
The Markets It’s gone better than expected. The United States economy is not performing the way many predicted. Instead of tipping into a recession last year, the economy beat expectations. The value of all goods and services produced in the country, expanded 2.5 %,...
by Bill Spalding | Jan 19, 2024 | Market Commentary
The Markets In 2023, we witnessed the phenomenon firsthand in the story of “The Magnificent Seven”. For movie buffs (and people of a certain age), the name brings to mind the star-studded 1960s film with a reputation as one of the greatest Westerns of all time (you...