What to Watch for This Week Last week, the market finally made clear that good news is indeed good news. Q4 GDP surprised to the upside, initial jobless claims remained low, and most importantly December’s Core PCE reading was in line with expectations. The result,...
Building products producers like Boise Cascade are getting a boost to their business due to the strong and resilient demand for new housing in the U.S. As long as the homebuilders continue to see strong demand, this strength will continue to pass through to the...
Insurance companies, MetLife, Inc. included have benefited greatly from recent premium increases as they had to increase rates to keep up with inflation. These premium increases tend to be lasting and do not often retreat, so should the price of their services remain...
Despite a tick up in Treasury yields and a swath of more patient messaging from Fed members, last week all three major indices closed the week making new 52-Week Highs. Additionally, this included two new all-time highs for the Dow & S&P500 indices. This was a...
Abercrombie & Fitch Co. shares have rallied over the past year and have great momentum. As long as U.S. macroeconomic conditions remain strong, keeping the U.S. consumers employed and flush with discretionary money to spend, the retail sector will continue to...
What to Watch for This Week Last week, the market digested the two key inflation reports quite well as they were mixed. The CPI report came in hotter than expected while the PPI report came in cooler than expected. In this shortened trading week, the theme will be...
What to Watch for This Week In the past few months, inflation has continued to trend downward, U.S economic data has remained resilient, and there have been no major spikes in unemployment or jobless claims. These are all indications that the runway for the...
The U.S. Homebuilder stocks have benefited greatly over the past few months as mortgage rates have begun to ease. With lower mortgage rates coupled with still strong demand for housing in the U.S. this is a favorable environment for the homebuilders. If these...
What to Watch for This Week Investors believe they now see the path ahead much more clearly after last week’s cooler than expected CPI report. This report gave the markets confidence that the Fed has won the battle against inflation and will not pursue further hikes....
What to Watch for This Week Now that the FOMC has opted to maintain the Fed Funds rate at current levels for consecutive meetings, this seems to indicate that they are confident they have raised the policy rate enough to combat inflation. This week we are expected to...