Presented by Matt Glova and the LifeTime Asset Management team:
Weekly Market Update, January 30, 2023
The future path of interest rates is uncertain for 2023, but according to Bloomberg’s economic forecast, the average Bloomberg surveyed economist expects to see another half percent
of increases in the first quarter of the year before levels remain stable through the second and third quarters. The Nasdaq Composite Index led the way last week as global equities rallied. Earnings from Microsoft and Tesla helped support the moves up in technology and auto stocks.
Click here to read the full weekly market report published January 30, 2023.
Weekly Market Update, January 23, 2023
As the Federal Open Market Committee (FOMC) enters the quiet period leading up to its next policy meeting (January 31–February 1), the average Bloomberg surveyed economist expects to see
another half percent of increases in the first quarter before levels remain stable through the second and third quarters. The Nasdaq Composite outperformed the Dow Jones Industrial Average last week as growth equities outperformed value equities.
Click here to read the full weekly market report published January 23, 2023.
Weekly Market Update, January 17, 2023
The future path of interest rates is uncertain for 2023, but the average Bloomberg surveyed economist expects to see another half percent of increases in the first quarter before levels remain
stable through the second and third quarters. • International, small caps, and growth stocks all fared well last week as continued inflationary cooling has investors looking at a potential
pause—or at least smaller rate increases—from the Fed.
Click here to read the full weekly market report published January 17, 2023.
Weekly Market Update, January 9, 2023
The Federal Reserve (Fed) may feel that it has been receiving mixed signals recently as the labor market continues to show signs of tightness amidst softening inflation data. Regardless, Fed officials have yet to see convincing evidence that inflation is cooling at a sufficient pace, and we will likely see more rate hikes ahead. The first week of the year saw mixed trading, but equity markets moved higher following of a ‘Goldilocks’ employment report on Friday.
Click here to read the full weekly market report published January 9, 2023.
Weekly Market Update, January 3, 2023
The Federal Reserve (Fed)’s policy rate rang in the new year at a level of 4.5 percent. This came after an historic increase of 4.25 percent over the course of 2022. The last week of the year saw U.S. indices decline, while international indices such as the MSCI EAFE Index and Emerging Markets Index were up slightly.
Click here to read the full weekly market report published January 3, 2023.