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Weekly Market Insights – October 23, 2023

Cornerstone Financial Advisory

Economic Strength, Housing Weakness The economy continued to evidence surprising strength according to data released last week. Source: Econoday, October 20, 2023 The Econoday economic calendar lists upcoming U.S. The Wall Street Journal, October 20, 2023 2. The Wall Street Journal, October 20, 2023 3. Jobless Claims.

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10 Friday AM Reads

The Big Picture

disinflation sweeps through 2023, without a cratering of employment or the wider economy so far, the narrative is shifting again – and encouraging hopes that bruising central bank tightening may be short-lived too. A Mid-year Assessment for 2023! My end-of-week morning train WFH reads: • Inflation undershoot? Don’t buy it.

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Weekly Market Insights – October 2, 2023

Cornerstone Financial Advisory

Source: Econoday, September 29, 2023 The Econoday economic calendar lists upcoming U.S. STZ) Source: Zacks, September 29, 2023 Companies mentioned are for informational purposes only. In 2023, the standard mileage rate is 65.5 The Wall Street Journal, September 29, 2023 2. CNBC, September 26, 2023 5.

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Weekly Market Insights – September 4, 2023

Cornerstone Financial Advisory

1,2,3 Stocks Rise On Slowing Economy Investor sentiment turned positive last week as signs of economic softness were interpreted as reason for the Fed to hold off on further rate hikes. Source: Econoday, September 1, 2023 The Econoday economic calendar lists upcoming U.S. The Wall Street Journal, August 25, 2023 2.

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Weekly Market Insights – May 22, 2023

Cornerstone Financial Advisory

Source: Econoday, May 19, 2023 The Econoday economic calendar lists upcoming U.S. This Week: Companies Reporting Earnings Monday: Zoom Video Communications, Inc. (ZM) WDAY) Source: Zacks, May 19, 2023 Companies mentioned are for informational purposes only. The Wall Street Journal, May 19, 2023 2. Jobless Claims.

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No Landing = No Sense | Weekly Market Commentary | March 6, 2023

James Hendries

Suggesting an economy makes “no landing” makes no sense. Economic activity does not stop like an airplane eventually does, but rather the economy will settle into a steady state where growth is consistent with factors such as population and productivity. Analogies eventually break down, especially this one. Why The “Landing” Analogy?

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Market Responses to Fed (in)Action | Weekly Market Commentary | June 20, 2023

James Hendries

As the economy is likely downshifting, investors should take heed that the Federal Reserve’s (Fed) current stance is eerily similar to early 2007. During that time, the Fed held a tightening bias since they believed the housing market was stabilizing, the economy would continue to expand, and inflation risks remained.