by Robert Loporto | Jul 11, 2023 | Uncategorized
Market Update—Week of July 10, 2023Presented by Axial Financial Group Quick Hits Report releases: Last week’s employment report showed surprising results to the downside in June2. Financial market data: Both equity and bond markets reset their expectations3. Looking...
by Robert Loporto | Jun 28, 2023 | Uncategorized
Senior woman carefully selects produce at a grocery store. © AMR Image / Getty Images Kerry Hannon Senior Columnist, Yahoo Finance June 13, 2023 Next year’s Social Security cost-of-living adjustment will likely be more than two-thirds smaller than the increase...
by Robert Loporto | Jun 27, 2023 | Uncategorized
Market Update—Week of June 26, 2023 Presented by Axial Financial Group Quick Hits Report releases: Existing home sales increased in May after two months of falling sales2. Financial market data: Investors took a breather from their recent buying streak3. Looking...
by Robert Loporto | Jun 21, 2023 | Uncategorized
Market Update—Week of June 20, 2023 Presented by Axial Financial Group Quick Hits Report releases: The Federal Reserve (Fed) left the target range for the federal funds rate unchanged2. Financial market data: A pause from the Fed and AI optimism carried stocks...
by Robert Loporto | Jun 13, 2023 | Uncategorized
Market Update—Week of June 12, 2023Presented by Axial Financial Group Quick Hits Report releases: Service sector confidence sours in May2. Financial market data: The S&P 500 is more than 20 percent above its 52-week low3. Looking ahead: The Federal Open...
by Robert Loporto | Jun 6, 2023 | Uncategorized
Market Thoughts for June 2023 [Video] Posted by Brad McMillan, CFA, CAIA, MAI, June 2, 2023 After a mixed April, markets pulled back in May. The exception was the Nasdaq, which was up by just under 6 percent. Other U.S. markets were flat or down, and...