Home builders' confidence edged into positive territory for the first time in 11 months, aided by strong demand, low inventory, and a recovering supply chain.
Gerry Sparrow
129 posts
The term 'bull market' is often tossed around, but what does it really mean? In this article, we'll explore the definition and whether we're currently experiencing one.
Federal Reserve officials kept rates steady at last week's Federal Open Market Committee meeting, but a majority of committee members indicated at least two more quarter-point rate hikes were likely before year-end.
Juneteenth, also known as Emancipation Day or Freedom Day, is a day marking the emancipation of enslaved people in the United States. On June 19, 1865, Major General Gordon Granger arrived in Galveston, Texas, to proclaim the freedom of all enslaved individuals.
Stocks surged higher in the closing days of a holiday-shortened trading week, ignited by a political resolution on raising the debt ceiling and a strong employment report.
Stocks rallied last week with growing confidence over reaching a deal on raising the debt ceiling and avoiding a technical debt default by the U.S.
The week got off to a quiet start as investors waited on April's two key inflation reports, but stocks broke out of their lethargy and moved higher after consumer prices rose less than forecasted.
The stock market slipped in the wake of the latest rate hike decision by the Federal Open Market Committee (FOMC), despite solid earnings from one mega-cap tech firm and a strong employment report.
Stocks rallied this week as investors shifted their attention to the Federal Reserve's upcoming May meeting, with strong earnings from several mega-cap technology companies offsetting renewed regional banking jitters and weak economic data.
Investing involves risk, including the possible loss of principal, and it's essential to diversify and seek personalized advice to navigate market fluctuations.
Tune out the noise and focus on what you can control, like your time horizon, risk tolerance, and goals. Because I can promise you one thing: there will be several more headlines in 2023 that will cause stock prices to react.
Warren Buffett's quote, 'Remember that the stock market is manic depressive,' highlights the importance of not getting caught up in short-term market fluctuations.