The Markets What will it take to slow this economy down? In 2001, railway workers slowed a runaway train in Ohio by latching a second engine to the back of the locomotive and applying the brakes. In all, the train traveled sixty-six miles over two hours, decelerating from a maximum speed of 47 miles per… Read more »
Author: Marybeth Rose
Weekly Market Commentary November 28, 2022
Posted by Marybeth Rose & filed under Weekly Market Commentary.
The Markets There was a shift in the winds of monetary policy. Last week, it became clear the Federal Reserve (Fed) had softened its hawkish stance. The minutes of the central bank’s November policy meeting indicated the Fed was likely to slow the pace of rate hikes soon. There was a caveat, though. The minutes… Read more »
Weekly Market Commentary November 21, 2022
Posted by Marybeth Rose & filed under Weekly Market Commentary.
The Markets Thanksgiving and football go together like turkey and stuffing. For some families, though, this year may be more like a turducken, stuffed with American football and the sport the rest of the world knows as football (soccer). The men’s World Cup, which is played every four years for national glory, the Jules Rimet… Read more »
Weekly Market Commentary November 14, 2022
Posted by Marybeth Rose & filed under Weekly Market Commentary.
The Markets Last week was remarkable for many reasons. One reason is that sky watchers around the world had an opportunity to see a total lunar eclipse. The moon, Earth and sun aligned, causing the moon to appear crimson. We won’t see another total lunar eclipse for three years, reported Denise Chow of NBC News.… Read more »
Weekly Market Commentary November 7, 2022
Posted by Marybeth Rose & filed under Weekly Market Commentary.
The Markets It’s the lag time. To no one’s surprise, the Federal Reserve continued to battle inflation last week, raising the federal funds rate for the fourth time this year, reported Claire Ballentine of Bloomberg. The Fed is making borrowing more expensive to dampen demand for goods, which should lower inflation – but it’s not… Read more »
Weekly Market Commentary October 31, 2022
Posted by Marybeth Rose & filed under Weekly Market Commentary.
The Markets Some companies are doing better than others – a lot better. It’s earnings season; the time when companies share how well they performed during the previous quarter. Earnings reports are important because they provide information about a company’s financial health. Shareholders pay particular attention to earnings, which are company profits after… Read more »
Weekly Market Commentary October 24, 2022
Posted by Marybeth Rose & filed under Weekly Market Commentary.
The Markets Markets turned – again. Markets continue to be volatile. Last week, stocks headed north. Nicholas Jasinski of Barron’s reported the change of direction reflected investors’ desire for the market to finally hit bottom. He may be right, but corporate earnings suggest we are not there yet, according to Bob Pisani of CNBC. Corporate… Read more »
Weekly Market Commentary October 17, 2022
Posted by Marybeth Rose & filed under Weekly Market Commentary.
The Markets We’re not there yet. Investors are understandably eager for the stock market to hit bottom. Some hoped it happened last week, but it did not. Despite the Fed’s rate hikes, last week the Consumer Price Index showed the annual rate for headline inflation was 8.2 percent in September. That’s down from June when… Read more »
Weekly Market Commentary October 10, 2022
Posted by Marybeth Rose & filed under Weekly Market Commentary.
The Markets Bah humbug! Last week, OPEC+, which includes the Organization of the Petroleum Exporting Countries and allied oil producers like Russia, chose to cut production by two million barrels a day. The stated goal is to keep crude oil prices above $90 a barrel. The production cut, which will push gasoline and other prices… Read more »
Weekly Market Commentary October 3, 2022
Posted by Marybeth Rose & filed under Weekly Market Commentary.
The Markets The third quarter marked a change in attitude. So far, 2022 has been a tough year for investing. We’ve experienced an unusual phenomenon – the simultaneous decline of stock and bond markets. Throughout the third quarter, investors’ concerns focused on global instability, rising prices and the possibility that central bank efforts to tame… Read more »