January 10th, 2025: Weekly Market Review
The U.S. stock market closed on Thursday 1/9/25 to honor President Jimmy Carter on a National Day of Mourning. This rare occurrence reflects the nation's respect for his legacy as the 39th President, known for his commitment to peace, human rights, and [...]
January 3rd, 2025: Weekly Market Review
1. The much-anticipated Santa Claus rally, a traditional year-end boost in stock market performance, failed to materialize in 2024. Historically, the final trading days of December and the first two of January often bring optimism to the markets, fueled by holiday [...]
Dec. 19th, 2024: Weekly Market Review
1. Federal Reserve reduced the benchmark interest rate by a quarter percentage point to a range of 4.25% to 4.5%, signaling a cautious approach toward future rate cuts due to persistent inflation concerns. This decision reflects the Fed's commitment to achieving [...]
Dec. 13th, 2024: Weekly Market Review
1. The U.S. Consumer Price Index (CPI) rose by 0.3% in November, aligning with market expectations and bringing the annual inflation rate to 2.7%. This slight uptick, while above the Federal Reserve's 2% target, is not anticipated to deter the [...]
Dec. 4th, 2024: Weekly Market Review
1. Federal Reserve Governor Adriana Kugler credited the economy’s resilience to increased worker productivity and a growing labor force, driven partly by immigration. While the Federal Reserve is considering future interest rate cuts, concerns about persistent inflation remain. Recent data showing [...]
Nov. 21st, 2024: Weekly Market Review
1. In Brazil, the G20 Leaders' Summit took place on November 18 and 19, 2024, in Rio de Janeiro, with the presence of the leaders of the 19 member countries, plus the African Union and the European Union. The G20 Summit [...]
