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Strength of the Market
a weekly blog on what's happening in Financial Markets
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The Strength of the Market is: Strong

With stocks up last week, investors are now looking to the upcoming Federal Reserve meeting (Dec. 13 & 14). As inflation cools down, the pressure on stocks is getting some relief and, as early as later this month, interest rate hikes could start to slow down.

Economic reports from last week came back mostly positive: •Manufacturing (Dallas) - higher than expectation •Single-Family Home Values - higher than expectation •Pending Home Sales - higher than expectation •Vehicle Sales - lower than expectation •Consumer Confidence - higher than expectation •Private Employment - lower than expectation •Total Employment - higher than expectation •Personal Income - higher than expectation •Construction Spending - lower than expectation •Job Openings - lower than expectation •Jobless Claims - lower than expectation This week, investors will look for guidance from economic reports like Labor Productivity, Consumer Credit, Consumer Sentiment and Jobless Claims.

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