A Down Week Well, it was bound to happen eventually, but stocks finally fell last week, with the S&P 500 Index down about 1.0%. Remember though, the index was higher the previous six weeks, giving us the longest weekly win streak this entire year. After such a strong week, some red on t …
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Stocks had a solid week, gaining nearly 5%. The jump was sparked by rumors on Friday that the Federal Reserve will raise rates by 75 basis points in November and then consider smaller hikes going forward. The market has priced in an extremely hawkish Fed, and any slight tilt to a more dovis …
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We’ll get to the disappointing inflation data next, but Thursday morning had a pure panic feel to it — potentially the washout that is needed for lows to form.
Last Friday, yet another strong payroll report was released with the headlines stating payrolls grew 263,000 in September and the unemployment rate fell to 3.5%.
Carson Partners’ Ryan Detrick shares key events we saw in the past quarter and how we think they’ll affect markets in the upcoming quarter. Contact us to speak with a financial advisor.
