Kinda Boring
March 18, 2024 Good morning, Stocks and bonds had a bumpy week following stronger CPI/PPI inflation data, and the corresponding expectation re-set by the bond market around inflation and future Fed decisions. For stocks, it was another week of inching higher. The S&P 500 Index closed the week up another whooping +0.13%. It was worse […]
Steady As She Goes
March 14, 2024 Good morning, I must admit that my description of recent market behavior as “sideways” and corrective looks a little specious when the market was setting marginal new highs just two days ago. Momentum has slowed, however. In fact, NDR’s Daily Momentum Model, a reliable short-term indicator (days), flashed a sell-signal this week. […]
Jeanette Garretty on Bloomberg Daybreak Asia
March 19, 2024 – Chief Economist and Managing Director, Jeanette Garretty appeared on Bloomberg Daybreak Asia to discuss her market perspective and how The Fed in the US will act later this week. Jeanette touched upon commercial real estate, CPI and jobs numbers in her discussion. Listen here.