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Market Snapshot

Nov 14th, 2023 Market Update

11/14/23 Market Snapshot: Powell comments weighed on investors last week.

For week ending Nov 10th

Comments from Federal Reserve Chairman Powell weighed on investors this week, but corporate earnings helped to keep the equity markets in positive territory. On Thursday, Chairman Powell stated the Fed was “not confident” they’ve reached a level of interest rates restrictive enough to bring inflation to their stated 2.0% target.

Sept 19th, 2023 Weekly Market Update

9/19/23 Market Snapshot: Rising Oil Prices

For week ending Sept 15th

Rising oil prices were in the news this past week, as the higher prices are now reflected in key economic releases. The August Consumer Price Index (CPI) came in higher than expected with a monthly increase of 0.6%. However, the core CPI, which excludes food and energy, was only up 0.3% for the month and was only slightly above analysts’ estimates.

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