All Time Highs – August 24th, 2020
Stocks rose again this week as PMI numbers and existing home sales soared, helping propel the S&P 500 to close at all time highs on Friday. There seems to have been a streak of better than expected […]
August 2020
Markets Notch Another Solid Week – August 17th, 2020
Stocks rose this week as retail sales and unemployment claims data beat expectations, helping support optimism surrounding the economy. Unemployment claims remain elevated, but came in well below expectations. The S&P 500 remains firmly above the level at which it started 2020, and the index […]
Recovery in Progress – August 10th, 2020
Stocks rose this week as employment data beat expectations, helping support optimism surrounding the economy. New economic data mostly beat expectations again this week, with manufacturing data in particular looking more encouraging. Unemployment claims remain elevated, but […]
Growth in Focus – August 3rd, 2020
Stocks rose this week even as new U.S. Covid-19 infections continue to hover near all time highs. New economic data mostly beat expectations this week, but still revealed that a long road ahead likely remains to recover […]
July 2020
A Weak Week – July 27th, 2020
Stocks fell this week as new U.S. Covid-19 infections hover near all time highs. Souring the economic mood further is the further deterioration of the diplomatic situation between the U.S. and China. New economic data was sparse this week, but manufacturing PMI still shined with […]
Good Economic News – July 20th, 2020
Stocks rose again this week as economic data impressed for the second consecutive week. While new cases of Covid-19 have caused some states to begin restricting activities and infection rates seem to be increasing, new encouraging data […]
Back to Baseline – July 13th, 2020
Stocks rose again this week in light of new economic data. While new cases of Covid-19 have caused some states to begin restricting activities and infection rates seem to be increasing, new encouraging data seemed to win out in markets for the second consecutive week. […]
On a Shortened Week – July 6th, 2020
Stocks rose this week in response to encouraging economic data. While new cases of COVID-19 have caused some states to begin restricting activities again, undeniably strong data seemed to win out in markets. Manufacturing, housing, and hiring all returned results beating expectations, propelling equities to […]
June 2020
Markets Pump the Breaks – June 29th, 2020
Markets fell this week as new cases of Covid-19 have sprung up in the U.S. and around the world. Anxiety at the increasing infection rates dragged on stocks, driving the S&P500 to finish near two week lows. Encouragingly, durable goods orders came in above expectations, […]
