Last week, I attended a seminar hosted by SPDR funds on campus at The Kellogg School of Management at Northwestern University just outside of Chicago. It was so nice to be back in the world of academia. Our group actually stayed on campus in a “dorm for professionals”. It wasn’t 5-star luxury but it was nicer than what I remember …
That Was a Classic Head Fake
This week, we saw back-to-back rallies with huge up days on Monday and Tuesday. But since then, the market has been a little shaky as it continues to digest the fate of rates, challenges overseas, and Q3 earnings and projections going forward. The fact of the matter is nothing has really changed since last week that would have warranted such …
Is TARA the New TINA?
We continue to see more of the same this week with a market in flux as it continues to navigate a variety of issues that have unfortunately caused it to test new lows. Recession jitters came back not only on the heels of the Fed’s latest 75 bps rate hike but also after a rout in UK yields (to safer …
Every Coin Has Two Sides
The big news this week was of course the Fed’s latest rate hike of 75 basis points and their summary of economic projections. That makes it 300 basis points so far this year. 25 in March, 50 in May, 75 in June, 75 in July, and now 75 in September. This has all been quite a shock to the system …
One Day at a Time
This week has been another week of gains as the market tries to make it a 4th week in a row finishing in the green. If it does, that would make it a nice month-long rally which, so far, has been great to see.
Weekly Comments: “Easy Does It”
On the heels on last week’s trifecta news from the Fed raising rates 75 bps, GDP coming in at -0.9% and a barrage of earnings reports led by big tech, this week seems to be more of a breather where the market is taking an “Easy Does It” approach as it continues to try and work itself into another positive finish on the week.