Taking a Breather
November 16, 2022 Good morning, The market seems to be taking a breather so far this week – the S&P 500 is flat through last night’s close and Futures are about unchanged pre-market this morning. The Retail Sales data for last month was released this morning and there are a few signs that the consumer […]
Technical & Macro Day
November 14, 2022 Good morning, Despite the semi-holiday (bond market closed) on Friday, equities did get a little follow through to add to Thursday’s strong reaction (possible over-reaction) to a soft CPI number. For the week, the S&P 500 was up +5.93%. Our current rally, now almost a month old, has produced enough positive technical signals […]
Extraordinary-ish
November 11, 2022 Good morning, There was little about yesterday’s price action in stocks, bonds and currency markets that wasn’t extraordinary. What was not extraordinary was the miss in the CPI number – the fuse that lit up markets to begin with. The direction of yesterday’s price moves was probably all about the lower-than-expected CPI […]
Was the CPI Report a Bullish Gamechanger?
By John Lau, November 16, 2022 – This is a question people are asking following last week’s CPI report and the big rally in stocks. I know many people read the Wall Street Journal and watch CNBC and Bloomberg Market News, so you knew that CPI had come in under expectations and stocks had surged. But can […]
What To Do With Clients’ Cash Now That Interest Rates Are Up
November 16, 2022 – CIO, Stuart Katz was featured in Financial Advisor Magazine discussing ‘What To Do With Clients’ Cash Now That Interest Rates Are Up.’ “I Bonds are government-backed [and] state- and local-income tax free,” says Katz. But “there are liquidity and maximum-investment-size considerations.” Read the full piece here: https://bit.ly/3AkJMK2