by Diane Olinger | May 22, 2023 | Weekly Economic Update
Despite Stall, Debt Deal Optimism Cheers Markets Presented by Happy Valley Financial Services Stocks rallied last week, propelled by growing optimism over reaching a deal on raising the debt ceiling and avoiding a technical debt default by the U.S. The Dow Jones...
by Diane Olinger | May 15, 2023 | Weekly Economic Update
Attention Turns To The Debt Ceiling Presented by Happy Valley Financial Services Stocks were mixed last week as good inflation news was offset by mounting debt ceiling concerns and rekindled regional banking fears. The Dow Jones Industrial Average lost 1.11%, while...
by Diane Olinger | May 8, 2023 | Weekly Economic Update
Friday Rally Trims Losses; CPI Report Next Week Presented by Happy Valley Financial Services A Friday rebound, triggered by a big tech company’s earnings beat and a strong jobs report, shaved much of the week’s accumulated losses. The Dow Jones Industrial Average fell...
by Diane Olinger | May 1, 2023 | Weekly Economic Update
Stocks Rally As Attention Shifts To Fed’s May Meeting Presented by Craig Moore Strong earnings from several mega-cap technology companies offset renewed regional banking jitters and weak economic data, leaving stocks higher for the week. The Dow Jones Industrial...
by Diane Olinger | Apr 24, 2023 | Weekly Economic Update
Stocks Show Small Losses After Mixed Week Presented by Happy Valley Financial Services Stocks remained resilient last week amid mixed earnings reports, hawkish Fed-speak, and lingering recession fears, closing out the five trading days with small losses. The Dow Jones...
by Diane Olinger | Apr 17, 2023 | Weekly Economic Update
Lower Inflation Lifts Spirits In Uneven Week. Presented by Happy Valley Financial Services The combination of an improving inflation outlook resulted in a week of uneven, albeit positive, performance, in which cyclical and financial stocks rallied while technology,...
