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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. Retail Sales. a Registered Investment Advisor.

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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. Despite worries of a struggling consumer, consumers increased their spending as retail sales rose 0.7% Investment Advisor Representative, Cambridge Investment Research Advisors, Inc.,

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Weekly Market Insights – May 22, 2023

Cornerstone Financial Advisory

1,2,3 Possible Debt Deal After stumbling on weak April retail sales and a combination of disappointing earnings and weak guidance from a major retailer, stocks moved higher mid-week as the news on the debt negotiations turned more positive. This Week: Companies Reporting Earnings Monday: Zoom Video Communications, Inc. (ZM)

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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. It was an inauspicious start to the week after a big-box retailer missed earnings and reduced forward guidance on Tuesday, sparking a broad market retreat. Economy Contracts .

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Weekly Market Insight – August 22, 2022

Cornerstone Financial Advisory

Despite the week’s losses, stocks exhibited resiliency in the face of a string of troubling economic news that included flat retail sales, weak housing numbers, an inversion in the yield curve, and tepid economic data out of China. PANW), Zoom Video Communications, Inc. (ZM). a Registered Investment Advisor.

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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. Retail Sales. Registered Representative, Securities offered through Cambridge Investment Research, Inc., a Registered Investment Advisor. This Week: Key Economic Data.

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Weekly Market Insights – March 13, 2023

Cornerstone Financial Advisory

4 Powell’s Congressional Testimony Fed Chair Powell last week testified on Capitol Hill during which he acknowledged that the economy was running hotter than he had expected. Retail Sales. Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor.