High Potential for High Volatility This Week
January 29, 2024 Good morning, For all the daily headlines of new all-time highs for U.S. stocks lately, you wouldn’t be faulted for thinking that the stock market was on fire and that you were missing out. For all the bluster, the S&P 500 was up a whopping +1.05% last week. Headline distortion is what […]
FOMC Commentary – January 31, 2024
By Chief Economist, Jeanette Garretty The FOMC statement released today is, in its language, quite benign. Notably, any language indicating a bias towards hiking interest rates (should inflation pressures return and/or inflation fail to continue to decelerate) has been removed from the statement. Overall, the message of the statement is that the Fed does not […]