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Financial News, Market Trends, and Expert Insights — Updated Daily.
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Wealth 101
January 31, 2024
Here’s looking at you, kid
Stocks had a mixed close yesterday on… mixed earnings. Confidence on the here-and-now is strengthening, the future, not so much, according to The Conference Board’s latest survey.
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January 30, 2024
Is this a boom and can it bust?
Stocks rallied yesterday, spurred into record territory by a smaller than expected Treasury funding announcement that drove yields lower. The move highlights the increasing reliance stocks have on the once-sleepy bond market.
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January 29, 2024
Lofty expectations
Stocks had a mixed close on Friday after Intel’s weak outlook put some frost on recently hot semiconductor stocks. Inflation continues to moderate according to the latest PCE Deflator – still not perfect but in a better place, nonetheless.
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January 26, 2024
Consumed with consumers’ consuming
Stocks rose yesterday after mixed earnings gave way to some optimism. GDP rose faster than economists were hoping, building the case for a soft…er landing.
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January 25, 2024
Wouldn’t it be nice to know?
Stocks had a mixed close yesterday as indexes struggled to maintain earlier gains. Fast running bulls need their rest and the recent run in stocks has simply sapped them.
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January 24, 2024
Netflix finds more subscribers
Stocks had a mixed close in a choppy session where investors factored in the reality of less rate cuts and lackluster earnings growth. With the first presidential primary out of the way, market mindset will begin to ponder a world beyond the upcoming election – it could get tricky despite the...
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