Mar 27, 2023 | Weekly Economic Updates
Mixed Message Provokes Volatility Presented by Hershey Financial Group, LLC Modest gains in major market indices masked sharp volatility amid the uncertainty arising from mixed messages emanating from public officials and revived banking fears. The Dow Jones...
Mar 21, 2023 | Weekly Economic Updates
Markets Cautious After Banking Woes; Awaiting Fed ReactionPresented by Hershey Financial Group, LLCAmid the reverberations of two U.S. banks being taken over by regulators and the spread of uncertainty to European banks, stocks trended higher last week on the strength...
Mar 13, 2023 | Weekly Economic Updates
Weekly Market Insights: Bad News Gives Markets A One-Two Punch Presented by Hershey Financial Group, LLC Stocks tumbled last week as investors reconsidered their interest rate expectations after Fed Chair Powell’s Congressional testimony that rates may need to go...
Mar 6, 2023 | Weekly Economic Updates
Fed’s Reassurance Boosts Stocks Presented by Hershey Financial Group, LLC A late-week surge, triggered by reassuring Fed-speak, propelled stocks higher last week. The Dow Jones Industrial Average gained 1.75%, while the Standard & Poor’s 500 advanced 1.90%. The...
Feb 27, 2023 | Weekly Economic Updates
FOMC Says Inflation Is Still Too High Presented by Hershey Financial Group, LLC Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week. The Dow Jones Industrial Average...
Feb 20, 2023 | Weekly Economic Updates
Mixed Results As Interest Rate Concerns Grow Presented by Hershey Financial Group, LLC Growing concerns about further interest rate hikes, prompted by fresh economic data, reversed early-week gains and left stocks mixed for the week. The Dow Jones Industrial Average...