by Mitch Fisher | Aug 12, 2022 | Daily Market Blog, Uncategorized
Stocks Cap the Week With Solid Gains….. U.S. stocks closed solidly higher to cap off a week that saw the S&P 500 notch its fourth-straight weekly gain. Equities appeared to be spurred on by the positive sentiment brought about by a round of cooler inflation...
by Mitch Fisher | Jun 29, 2021 | Daily Market Blog, Uncategorized
Stocks Begin Week Mixed With Key Data on the Horizon….. U.S. equities began a busy week of data mixed, as stocks appeared to pause to take inventory of a market that just last week rallied back to record highs. The pause seemed to be in response to a glut of key...
by Mitch Fisher | May 27, 2021 | Daily Market Blog, Daily Market Notes, Uncategorized
Dow Finishes Strong, but Caution Keeps Most Stocks in Check….. U.S. equities finished mostly higher, with the Dow flirting with record highs courtesy of strength in Industrials, while the growth-oriented sectors saw some pressure to keep the S&P 500 and...
by Mitch Fisher | Jun 15, 2020 | Daily Market Blog, Daily Market Notes, Uncategorized
The Fed is Committed to Low Rates The one key takeaway from last week’s Fed meeting is that monetary policymakers are set to keep short-term interest rates near zero for as far as the eye can see. Not forever, but at least until 2023. Keep this in mind in the week...
by Mitch Fisher | Dec 18, 2019 | Uncategorized
U.S. equities were flat on the day and U.S. Treasuries sold off in a bear steepener, in which long-term rates move up more than short-term rates. The higher yields strengthened the dollar versus most of its major peers. In a quiet day from the economic calendar,...
by Mitch Fisher | Nov 30, 2019 | Daily Market Blog, Daily Market Notes, Uncategorized
U.S. stocks declined on the day but posted another solid weekly advance, which was the seventh out of eight. However, volume was light following yesterday’s Thanksgiving break and as today’s session was shortened. Lingering optimism of a U.S.-China...