Stocks were mostly lower this week after the Federal Reserve confirmed it was planning smaller rate cuts in 2025. The market had priced in a slower pace of rate cuts, but confirmation that the number of cuts would be fewer than expected gave investors a reason to profit in an expanded market. Investors got some … Read more
Stocks had their worst week since October. Investors are digesting the latest inflation data, especially the Producer Price Index (PPI), which came in higher than expected. With valuations so high, any news that increases the risk premium will be a reason to sell. But is this the beginning of a deeper correction? Probably not. The … Read more
Stocks extended their post-election rally following Friday’s positive November jobs report. The slightly hotter-than-expected report dispels any risks of a recession, but investors continue to factor in the possibility of an interest rate cut later this month. The S&P 500 and NASDAQ indices reached new all-time highs, and all signs point to continued gains in … Read more