Tag: CPI

Inflation Takes Center Stage – Weekly Update

May 16, 2022 | By Steven DiGregorio

A Turbulent Week Inflation moved to center stage last week with the release of April’s Consumer Price Index (CPI) and the Producer Price Index. Both numbers came near their 40-year highs but were lower than March’s year-over-year numbers. The results heightened investor anxiety about future Fed monetary tightening and its impact on economic growth. In […] READ MORE


Fed: Rate Hikes Near – Weekly Update

January 18, 2022 | By Steven DiGregorio

Stocks Struggle Stocks were under pressure all week as investors grappled with higher bond yields and talk of possibly four rate hikes this year. Initially, intraday declines would bring out buyers and pare the losses. Investors were particularly heartened by Fed Chair Powell’s congressional testimony on Tuesday that softened the hawkish tone found in the […] READ MORE


Stocks Tap the Brakes – Weekly Update

November 15, 2021 | By Steven DiGregorio

Market Takes a Pause After moving higher on Congressional approval of a $1 trillion-plus infrastructure spending bill, stocks drifted lower as investors took a breather after a weeks-long run-up in prices. A high October inflation report on Wednesday sent bond yields higher and stock prices lower, especially technology and other high growth companies. Energy also […] READ MORE


Passage of Infrastructure Boosts Stocks – Weekly Market Update

August 17, 2021 | By Steven DiGregorio

Looking past inflation figures and Delta variant trends, stocks last week found a way to climb higher and set fresh record highs in the process. The Dow Jones Industrial Average rose 0.87%, while the Standard & Poor’s 500 advanced 0.71%. The Nasdaq Composite index was flat (-0.09%) for the week. The MSCI EAFE index, which […] READ MORE


Stocks Retreat, Inflation Advances – Weekly Market Update

July 19, 2021 | By Steven DiGregorio

Stocks Retreat Stocks weakened amid an active week of news, including two important inflation reports, Congressional testimony from Fed Chair Jerome Powell, a string of economic reports, and the start of the second-quarter earnings season. The earnings season began on a strong note as 95% of the first S&P 500 constituent companies to report checked […] READ MORE


Another Quiet Week- Weekly Market Update

June 14, 2021 | By Steven DiGregorio

Weekly Market Insights Stocks ended the week mixed as investors appeared to shrug off a hotter-than-expected inflation report. The Dow Jones Industrial Average slipped 0.80%, while the Standard & Poor’s 500 advanced 0.41%. The Nasdaq Composite index led, tacking on 1.85%. The MSCI EAFE index, which tracks developed overseas stock markets, rose 0.31%.1,2,3 Another Quiet […] READ MORE


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