Key Summary:
Conventional wisdom states that stocks generally struggle in periods of higher rates.
Fact: stocks generally perform above long-term averages in higher for...
January 12, 2024 - Today’s Producer Price Index report supports the notion that inflation has essentially been defeated. PPI fell to negative headline MoM, 0% core MoM, 1.8% YoY core change, and 1.0% YoY headline change.
As we navigate the economic landscape, there are clear indications that the market is taking a well-deserved breather, cautiously eyeing potential trouble spots.
As we navigate the economic landscape, there are clear indications that the market is taking a well-deserved breather, cautiously eyeing potential trouble spots.
For months, investors have been scaling what feels like an endless wall of worry. Each concern that gets resolved seems to spawn new uncertainties, yet the market has continued its relentless climb higher.