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Weekly Market Insights – February 26, 2024

Cornerstone Financial Advisory

Stocks Rally To Record Highs Stocks traded in a fairly tight range for the first half of the short week, yawning at the lack of economic data while awaiting earnings results from one key company that creates chips that power the artificial intelligence operations of many firms. Source: YCharts.com, February 24, 2024. A), eBay Inc.

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Weekly Market Insights – March 18, 2024

Cornerstone Financial Advisory

3,4 Source: YCharts.com, March 16, 2024. 5 This Week: Key Economic Data Monday: Housing Market Index. Source: Investors Business Daily – Econoday economic calendar; March 13, 2024 The Econoday economic calendar lists upcoming U.S. The Wall Street Journal, March 15, 2024 2. CNBC, March 15, 2024 4.

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Weekly Market Insights – January 29, 2024

Cornerstone Financial Advisory

​ Weekly Market Insights: Excitement Around Big Tech Continues Presented by Cornerstone Financial Advisory, LLC Stocks continued their upward climb last week as excitement around big tech continued; positive economic reports stoked investors’ belief that the Federal Reserve has pulled off a soft landing. Core inflation was 3.2%

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Weekly Market Insights – March 11, 2024

Cornerstone Financial Advisory

4,5 Source: YCharts.com, March 9, 2024. 6,7 This Week: Key Economic Data Tuesday: Consumer Price Index. Source: Investors Business Daily – Econoday economic calendar; March 2, 2024 The Econoday economic calendar lists upcoming U.S. The Wall Street Journal, March 8, 2024 2. CNBC, March 7, 2024 4.

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Weekly Market Insights – March 4, 2024

Cornerstone Financial Advisory

1 Economic news also helped boost markets. 2 Source: YCharts.com, March 2, 2024. Consumers Remain Upbeat With all the excitement over AI, it’s easy to overlook some key economic indicators that also speak to the underlying strength of the economy—specifically, consumer data. percent in January versus December—and 2.4 Beige Book.

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Weekly Market Insights – April 29, 2024

Cornerstone Financial Advisory

4 On Thursday, markets slipped on two fresh pieces of economic data: a Gross Domestic Product (GDP) slowdown and higher consumer prices. 5 Source: YCharts.com, April 27, 2024. Earnings Vs. Inflation Corporate earnings and economic reports battled it out last week. The big economic news was that Q1 GDP grew at a 1.6

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Weekly Market Insights – April 22, 2024

Cornerstone Financial Advisory

1,2 On Tuesday, remarks from Fed Chair Jerome Powell indicated a shift in thinking—from being confident to not-so-confident about interest rate cuts in 2024. 5 Source: YCharts.com, April 20, 2024. 6 This Week: Key Economic Data Tuesday: PMI Composite. The Wall Street Journal, April 19, 2024 2. CNBC.com, April 15, 2024 3.