tiki style pool thatched hut

Market Snapshot 5.27.22 – The Pendulum Is Starting To Move

Good Friday AM,

Markets all hanging around on some weak economic data. Personal consumption and spending are both down from expectations and recent highs. Inflation has declined for the first time in a bit. I would say the pendulum is starting to move and the Fed has not even been aggressive yet… they soon will be and the economy will react very quickly. It is good to see stocks looking to close in on the first positive week in more than a month. Bonds holding as well heading into the short trading day and long holiday weekend.

I do hope everyone takes a moment on Monday to think of all of those who have made the ultimate sacrifice to protect our country and our families. It is a debt that cannot ever be repaid.

Please remain safe and healthy, enjoy the weekend and first, make today great!