Search Results
Page 228 of 237
Inflation Continues To Deflate
Posted by lplresearch Wednesday, July 12, 2023 Today’s June Inflation report came in below economists’ consensus forecasts for both headline and core, sending stocks solidly higher this morning as investors were quite pleased with the report. Although we expect the Federal Reserve (Fed) to raise rates during this month’s Federal Open Market Committee (FOMC) meeting on […]
July 12, 2023
Q2 2023 Earnings Preview
Posted by Kent Cullinane, Research Analyst Thursday, July 13, 2023 Earnings season for the second quarter of 2023 kicks off this week, with some of the largest domestic banks, namely JPMorgan Chase (JPM), Wells Fargo (WFC), and Citigroup (C), reporting results on Friday. FactSet consensus estimates show Q2 earnings for the S&P 500 dropping roughly 7% […]
July 13, 2023
Implications of a Weaker Dollar
Posted by Adam Turnquist, CMT, VP Chief Technical Strategist Friday, July 14, 2023 Key Takeaways: Dollar Decline Continues Easing pricing pressures in the U.S. continue to create headwinds for the DXY. This week’s June CPI report showed core inflation ticked up only 0.2% in June, marking the smallest monthly increase since August 2021. The annual core […]
July 14, 2023
Consumers are Slowing Their Spending
Posted by Colby Hesson Tuesday, July 18, 2023 Key Points: The June Retail Sales report reveals a mixed story of consumer spending in the United States. In June, retail sales rose 0.2%, a bit softer than the previous revised gain of 0.5%. This slight slowdown indicates a tired consumer and raises questions about the strength of […]
July 18, 2023
Banks Passed the (Stress) Test with Flying Colors
Posted by Lawrence Gillum, CFA, Chief Fixed Income Strategist Wednesday, July 19, 2023 Preferred securities have had a Jekyll and Hyde year so far in 2023. After starting off the year as one of the best performing asset classes, returns for the ICE BofA U.S. All Capital Securities Index since March, have lagged other plus sectors. […]
July 19, 2023
The Taylor Swift Era, Consumer Spending & Inflation Clarity
Posted by John Lohse, CFA Thursday, July 20, 2023 As the dog days of summer roll on, and many of us are taking advantage of warm weather and time off to enjoy experiences, American consumer spending patterns are coming into focus. One experience in particular has captured the most attention and has managed to exemplify today’s […]
July 20, 2023
Dow Theory Update
Posted by Adam Turnquist, CMT, VP Chief Technical Strategist Friday, July 21, 2023 Key Takeaways: Win Streaks & Confirmation After spending most of the year in a consolidation range, the INDU has finally started to play catch up to the broader market. The recent expansion of this year’s rally beyond the mega-cap space has lifted the […]
July 21, 2023
The Younger Crowd is High on Confidence
Posted by Kent Cullinane, Research Analyst Tuesday, July 25, 2023 Highlights: Bottom Line: While consumer confidence is at the highest level this year, we recommend investors take a cautious approach when considering adding risk to diversified portfolios. The CCI increased to 117.0 in July, up from 109.7 in June and reaching levels not seen since July […]
July 25, 2023
Fed Raises Rates, Shares Uncertain Policy Future
Posted by Colby Hesson Thursday, July 27, 2023 Highlights: Bottom Line: Powell and the Federal Open Market Committee (FOMC) are cautiously data-driven, seeking to strike a balance between combating inflation and supporting economic growth. Staying informed about economic conditions and watching out for two more inflation reports and two more labor market reports by the next […]
July 27, 2023
Four Charts Showing Why It’s No Longer Just a Mega-Cap Story
Posted by Adam Turnquist, CMT, VP Chief Technical Strategist Friday, July 28, 2023 Key Takeaways: A New Chapter The narrative of this year’s rally has changed as this bull market is no longer just a mega-cap story. A new chapter of broadening participation has developed. Relatively resilient economic data in the U.S., receding inflation pressures, and […]
July 28, 2023