Presented by Matt Glova and the LifeTime Asset Management team:
Weekly Market Update, Dec 18, 2023
Inflation continued to fall particularly on the producer side as falling energy supported the move lower. Service costs on the consumer side will be worth watching especially if this translates into lower wage growth and a softer job market moving forward. Value stocks outperformed growth stocks this week as the Fed cut led investors to begin to start taking some gains and dial back recent longer-term risk taking. Yields fell significantly this week. It is worth monitoring the impact of this on overall economic activity such as housing and loan demand overall.
Weekly Market Update, Dec 11, 2023
Service sector and consumer confidence were both higher than expected. Employment and trade beat expectations as the U.S. economy remained resilient. Several companies in the so-called Magnificent Seven continued to lift technology, communications, and consumer discretionary; energy continued to struggle. Strong employment data continues to pose a challenge to the Fed’s attempts to hit its 2 percent inflation target.
Weekly Market Update, Dec 4, 2023
Rising rates in October slowed new home sales but not personal spending. Consumer confidence rose in November, and IS M Manufacturing met expectations. The recent rally broadened as Fed speak supported small-cap stocks. Treasuries also rallied as falling inflation drew greater interest to these assets.
Monthly Market Update, Nov 30, 2023
Read more on:
1. Markets Rebound in November
2. Strong Month for Fixed Income
3. Signs of Soft Landing
4. Risks Remain Despite Market Rally
5. Outlook Remains Positive