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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. UAL), The PNC Financial Services Group, Inc. Registered Representative, Securities offered through Cambridge Investment Research, Inc., Jobless Claims.

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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. 6 This Week: Key Economic Data Tuesday: Retail Sales. Jobless Claims.

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Weekly Market Insight – July 11, 2022

Cornerstone Financial Advisory

Recession fears were supported by an inversion in the yield curve and updated second-quarter Gross Domestic Product projections indicating the economy is ready to contract. Friday: Retail Sales. Bancorp (USB), The PNC Financial Services Group, Inc. a Registered Investment Advisor. Jobless Claims.

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Weekly Market Insight – October 10, 2022

Cornerstone Financial Advisory

prime minister’s decision to reverse a tax cut proposal that had upended financial markets the previous week lifted investors. Falling yields further lifted investor enthusiasm, as did new economic data indicating a cooling economy. Friday: Retail Sales. C), Morgan Stanley (MS), The PNC Financial Services Group, Inc.

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Transcript: Jenny Johnson, Franklin Templeton

The Big Picture

JOHNSON: So I spent a year, my father said to me, “Look, if you’re going to be in the financial services business you should probably work in New York.” Otherwise, the West Coast, if you were in the financial services business, it was rough life. We were 75% retail. RITHOLTZ: It was just Franklin.

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No Landing = No Sense | Weekly Market Commentary | March 6, 2023

James Hendries

Suggesting an economy makes “no landing” makes no sense. Economic activity does not stop like an airplane eventually does, but rather the economy will settle into a steady state where growth is consistent with factors such as population and productivity. One example is the slow recalibration of goods and services spending.

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Xi Jinping’s Influence to be Tested | Weekly Market Commentary | October 3, 2022

James Hendries

Given the country’s weak economy, due in large part to stringent zero-COVID-19 measures that have led to strict and prolonged lockdowns, coupled with a debt-laden property market, authorities in Beijing and throughout the Chinese provinces will need to focus on reviving the country’s economic underpinning. At the same time, U.S.