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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. 3,4 This Week: Key Economic Data Tuesday: International Trade in Goods.

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Weekly Market Insights – October 30, 2023

Cornerstone Financial Advisory

Economic data released on Thursday showed remarkable economic strength, with above-consensus forecast growth in third-quarter Gross Domestic Product (GDP) and September’s durable goods orders, with only a minor uptick in initial jobless claims. 5 This Week: Key Economic Data Wednesday: FOMC Announcement. Jobless Claims.

Marketing 100
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Weekly Market Insights – October 2, 2023

Cornerstone Financial Advisory

Mixed Economic Signals Amid recent signs of a labor market cooling (a hopeful sign for ending rate hikes), last Thursday’s initial jobless claims report showed only a slight increase of 204,000. However, beneath the headline number, consumer spending was cut to a 0.8 Answer: She bought house numbers. Thursday: Jobless Claims.

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Weekly Market Insights – April 1, 2024

Cornerstone Financial Advisory

Weekly Market Insights: Stocks Narrowly Higher Presented by Cornerstone Financial Advisory, LLC Stocks were narrowly higher for the week as investors digested mixed economic news about consumer confidence. Conflicting economic news on Monday and Tuesday contributed to the slide. PMI Manufacturing Final. Construction Spending.

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Weekly Market Insights – November 6, 2023

Cornerstone Financial Advisory

Slight employment gains and weak manufacturing data provided an additional impetus. 5 This Week: Key Economic Data Thursday: Jobless Claims. Source: Econoday, November 3, 2023 The Econoday economic calendar lists upcoming U.S. All 3 numbers are whole and positive, and none are double-digit.) Answer: 1, 2, and 3.

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Weekly Insights – January 1, 2024

Cornerstone Financial Advisory

The four-week moving average, which better illustrates jobless claim trends, was little changed, coming in at 212,000; this was the lowest number since late October. 5 Continuing jobless claims, which measures the number of individuals collecting unemployment benefits, was flat from the previous week at 1.88 Jobless Claims.

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Inflation Falling

Bell Investment Advisors

Economic data, which proved robust for most of 2022, showed some signs of softening. manufacturing firms showed the manufacturing sector just entered a slightly contractionary phase perhaps because consumers are spending less. Despite some negative economic data, the labor market continues to be strong. While the U.S.