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Are we at an inflection point?
The transition to renewable energy has been moving forward and may be reaching an inflection point. In 2023, global renewable…
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Inflation is lower – and so are some retail prices.
There was a lot of good news last week about the cost of products and services in the United States.…
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Another record high for the Standard & Poor’s (S&P) 500 Index!
Last week, the S&P 500 Index hit its 25th record high for 2024. Investor enthusiasm for artificial intelligence helped drive…
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Higher rates are doing what they’re supposed to do
Last week, Federal Reserve officials spoke about keeping the federal funds rate higher until it becomes clear that inflation will…
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The week got off to a good start…
In testimony before House and Senate committees, Federal Reserve (Fed) Chair Jerome Powell noted that prices had been falling and…
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Optimism abounds!
Enthusiasm for everything related to artificial intelligence (AI) drove a global stock market rally last week. Equity markets in the…
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Have rates peaked?
Last week, at its final policy meeting for 2023, the United States Federal Reserve indicated that rates may have peaked.…
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Still exceeding expectations.
Last week, the United States Treasury market rallied. Yields fell and bond prices rose as some bond market investors enthusiastically…
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Will there be a year-end rally?
Last week, there was a lot of speculation about whether the United States will see a year-end stock market rally.…
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Showing remarkable resilience.
Throughout the first half of 2023, the U.S. economy and financial markets proved to be resilient – and so did…