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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. Investment Advisor Representative, Cambridge Investment Research Advisors, Inc.,

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Weekly Market Insights – October 2, 2023

Cornerstone Financial Advisory

6 This Week: Key Economic Data Monday: Institute for Supply Management (ISM) Manufacturing Index. FMG is not affiliated with the named representative, financial professional, Registered Investment Advisor, Broker-Dealer, nor state- or SEC-registered investment advisory firm. a Registered Investment Advisor.

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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. ISM Manufacturing Index. a Registered Investment Advisor. Jobless Claims.

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Weekly Market Insights – January 8, 2024

Cornerstone Financial Advisory

1,2 All About The Fed On Wednesday, manufacturing news came in better than expected, lifting markets until the December Federal Open Market Committee meeting minutes were released, revealing that the Fed members had discussed rate cuts for 2024 but in no specific terms. a Registered Investment Advisor.

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Weekly Market Insight – August 1, 2022

Cornerstone Financial Advisory

Undaunted by another Fed rate hike and news of a contracting economy, the stock market rallied last week on better-than-expected corporate earnings. Powell indicated that it might become appropriate to slow the pace of future hikes, and he didn’t believe the economy had entered into recession. Economy Contracts .

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Weekly Market Insights – July 3, 2023

Cornerstone Financial Advisory

Weekly Market Insights: Economy Continues Upward Trend Presented by Cornerstone Financial Advisory, LLC Stocks posted gains for the week to close out a stellar month, aided by positive economic data and reports that all major banks had passed the Federal Reserve’s annual stress test. Institute for Supply Management (ISM) Manufacturing Index.

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Weekly Market Insight – October 31, 2022

Cornerstone Financial Advisory

Meanwhile, positive earnings surprises from “old economy” companies powered markets higher. Tuesday: Institute for Supply Management (ISM) Manufacturing Index. Registered Representative, Securities offered through Cambridge Investment Research, Inc., a Registered Investment Advisor. jump from a quarter ago.