Presented by Matt Glova and the LifeTime Asset Management team:
Weekly Market Update, April 25, 2022
Considering the upcoming May FOMC meeting, the markets are expecting an interest rate hike of 50 basis points (bps). The S&P 500 was down again last week as markets sold off due to concerns that the FOMC was turning more aggressive in its policy of raising rates.
Weekly Market Update, April 18, 2022
Inflation increased 8.5 percent year-over-year in March, according to data released last week. The S&P 500 fell for the second straight week. Investors continue to question how the Fed will
navigate a soft landing for the economy with inflation and expectations for inflation reaching historic highs.
Weekly Market Update, April 11, 2022
The Federal Reserve (Fed)’s March meeting minutes were released last week and revealed a more hawkish theme, pointing to more aggressive policy moves at future meetings. Global markets were down last week, led by the Nasdaq Composite Index.
Weekly Market Update, April 4, 2022
The U.S. Labor Department’s Friday report showed 431,000 jobs added in March, bringing the unemployment rate down to 3.6 percent. With employment numbers continuing to bolster the case for a more aggressive interest rate path moving forward, a rate hike of 50 basis points (bps) at the Federal Reserve (Fed)’s May meeting seems to be gaining momentum. The three major domestic indices were mixed last week.