Market Snapshot 2.3.23- Surprise, Surprise
I had planned a completely different commentary for today until 5:30 am when the day pivoted. Surprise, surprise. U.S. payrolls grew by 517,000 in January and the jobless rate fell…
Market Snapshot 2.2.23- Dodged Another Fed Bullet
Good Thursday AM, We dodged another Fed bullet and now the market can do its thing. Despite raising rates unsurprisingly by .25 yesterday and asserting the Fed had more work…
Market Snapshot 2.1.23- Recovery Is Not Linear
Good Wednesday AM on this best day of the week, The economic news released this morning was incredibly bond friendly and economically hostile. The truism about a recession/economic cycle is…
Market Snapshot 1.31.23- Fed Meeting Is Underway
Good Tuesday AM, The last day of January and the first day of the Fed meeting is underway. We won’t have the policy statement and more importantly, the commentary until…
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