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Weekly Market Insights – March 4, 2024

Cornerstone Financial Advisory

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. Finally, the PCE report also reflected an ongoing consumer shift from goods to services—a sign the economy continues to normalize after the pandemic.

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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. Because of this, it’s essential to monitor your sodium intake and be aware of how much sodium is in your foods. a Registered Investment Advisor.

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Weekly Market Insights – March 11, 2024

Cornerstone Financial Advisory

The economy added 275,000 jobs in February—exceeding the 198,000 expected—but wage growth slowed, and jobless claims edged up. Some investors saw that as a negative, while others viewed it as a “Goldilocks” moment—an economy that’s not too hot or cold. The S&P 500 and Nasdaq rallied, with the S&P hitting a record close.

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Weekly Market Insights – April 29, 2024

Cornerstone Financial Advisory

The rally came to pass despite fresh data showing a slowing economy and increasing inflationary pressures. The GDP report seemed to support the Goldilocks economy theory—not too hot, but not too cool—a story investors have favored this year. Excluding food and energy, it increased 2.8% Stocks Bounce Back. from a year ago.

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Weekly Market Insights – January 8, 2024

Cornerstone Financial Advisory

Jobs and services sector news painted a better picture of the economy on Thursday, but as the 10-year Treasury hit 4%, stock prices responded negatively. Masticating juicers “chew” the food and are slower. Source: YCharts.com, January 6, 2024. Plus, it’s easy to start and reap the many benefits. a Registered Investment Advisor.

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Weekly Market Insights – July 17, 2023

Cornerstone Financial Advisory

Lower-than-forecast inflation on both consumer prices and producer prices sparked investor optimism that inflation may be able to fall further without tipping the economy into recession and provide the basis for the Fed to moderate its more hawkish rate hike stance. Consumer prices rose 0.2% in June and 3.0% from a year ago.

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Weekly Market Insights – January 17, 2023

Cornerstone Financial Advisory

Sustained declines in inflation, a rate hike cycle nearing an end, and a resilient economy that may avoid recession resulted in a broad-based rally. Core prices (excludes food and energy) slowed to 5.7%, a decline from the previous month’s 6.0% Last week a different narrative emerged. December’s CPI report showed a 0.1%