Stock Market Blog

Final Countdown

The Final Countdown

High drama this week as some of the Fed’s committee members are commenting that rate cuts may not be necessary given the stubborn inflation and the strength of the jobs market. The speaking circuits were busy this week and some of the hawkish comments caused a plunge in stocks on Thursday. However, a strong jobs […]

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Inflation

Sick of Inflation?

I haven’t heard inflation discussed so much since I was a kid in the 1970s. The adults talked about it all the time and I knew what inflation was by the time I was eight years old. It was about prices going higher. Unfortunately, this discussion will last a bit longer but there is the […]

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Greens Shoots from Snow

Green Shoots?

We got the next chapter in the inflation saga this week and nothing broke except the 5th metatarsal in my right foot (8+ weeks until I can begin my golf season). March is also starting off on the right foot (except for me) as stocks rallied on Friday and interest rates fell slightly as the […]

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Inflation Monster

The Inflation Monster

It is not easy to tame inflation and we saw evidence of that in the CPI (Consumer Price Index) and PPI (Producer Price Index Price) data that was released this week. To summarize, price declines accelerated for hard goods while price increases accelerated for services. The sticky inflation data caused traders to re-price the first […]

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AI Robot

AI = All-In

A busy week of earnings reports as the market got a break from the economic data and Fed speak. As you can see in the chart below of the S&P 500, the market likes what it is hearing from corporate America. Prices are extending to new highs and are now in overbought territory. However, markets […]

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New All-Time Highs

Earnings season is ramping up and so far we have disappointing bank earnings and evidence that artificial intelligence users are driving demand for computing power. Taiwan Semiconductor earnings released this week projected a 20% rise in revenues as orders flow in to keep up with the needs of artificial intelligence users. The S&P 500 This […]

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