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Peek of the Week

A strong economy brings significant uncertainty

Peek of the Week - Weekly Market Commentary for October 9, 2023. Financial markets lost ground during the third quarter, but U.S. stocks rallied last week due to corporate earnings and falling inflation. New details on inflation numbers, the labor market, and U.S. employment data. Unemployment rates are nearing historically low levels and labor force participation increased.

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The inflation numbers and an update on phone etiquette

Peek of the Week - Weekly Market Commentary for October 2, 2023. Our Peek of the Week has some updated inflation numbers to share and although inflation is slowing, Americans aren't really feeling the relief. It costs about $734 more each month to buy the same goods and services as two years ago, at least for households who earn the median income. Oil prices have continuously contributed to the "pain in the pocketbook" for people, and yet investors are hopeful that the Fed might not raise rates again in 2023. Stocks moved higher on Thursday before reversing their course.

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