A Pleasant Interruption To The Calm
May 23, 2024 Good morning, When I said quiet week in Monday’s Morning Note, I didn’t expect the markets to be this quiet. The S&P 500 Index (SPX – cash market NY) and its 24-hr sibling, the S&P 500 Futures contract (SPA – commodities market Chicago), have traded within a few points of last week’s close for […]
Dark Speck Way Out On The Horizon
May 20, 2024 Good morning, This week should be a quiet one with no U.S. economic data releases of consequence. There are plenty of Fed speakers trying to make headlines of their own this week, but with markets currently pricing in between 1-2 rate cuts by year-end, market movement is likely immune to Fed speak […]
You Go, David!
May 16, 2024 Good morning, Even though it is only Thursday morning, the important government economic data releases for the week are behind us. Investors had been prepared for another volatile week since the monthly Producer Price Index (PPI) and Consumer Price Index (CPI) top the list of key inflation data points that the Fed has […]