Weekly Outlook #5
Reflecting On Last Week Gold Soars as Fed Cut Looms Gold prices rose more than 1% to hit a new record all time high on Thursday, helped by expectations of an interest rate cut by the Federal Reserve next week after U.S. data signaled a slowing of the economy. (CNBC) Stocks Rally on Renewed […]
Weekly Outlook #4
September’s Seasonal Tendencies Strike the Stock Market “U.S. stocks fell this week as September began, a month historically known for poor market performance dating back to the 1950s. Investors are closely watching upcoming data that could influence the Federal Reserve’s decision on interest rate cuts,” said Jason Browne, president of Alexis Investment Partners. (Reuters) […]
Weekly Outlook #3
U.S. Economy Surges in Q2 2024: GDP Revised Up to 3.0% Economic growth picked up in Q2 2024 as GDP was revised up to 3.0% from 2.8%. This marks a significant improvement from the 1.4% growth recorded in the first quarter. The stronger-than-expected performance was largely driven by increases in consumer spending, private inventory investment, […]
Weekly Outlook
Fed’s Annual Jackson Hole Summit – Upcoming Rate Cuts “‘Inflation has declined significantly,’ Powell said. ‘The labor market is no longer overheated, and conditions are now less tight than those that prevailed before the pandemic. Supply constraints have normalized. And the balance of the risks to our two mandates has changed.’”Powell also emphasized that “the […]
