DIASTOLE ECONOMIC AND MARKET COMMENT

Smart money used to say, “Sell in May and go away” – meaning that summer was no time to be invested in stocks. Ha! Not this year! On Friday, after Federal Reserve Chairman Jerome Powell spoke from Jackson Hole, markets rallied and the Dow Jones Industrial...

DIASTOLE ECONOMIC AND MARKET COMMENT

Fall is coming, but so is a hurricane. Where you live determines which one hits you first. I’m actually cuspish on the hurricane but looking forward to the season change. Temps in the 70s with low humidity is my idea of heaven. Yay next week! Markets rose last week,...

DIASTOLE ECONOMIC AND MARKET COMMENT

By the end of last week, the Nasdaq Composite Index had reached another new high, and the S&P 500 was close to one.  Also, new tariffs promised by the president went into effect on Thursday. These two stories seem at odds with each other, since tariffs are likely...

DIASTOLE ECONOMIC AND MARKET COMMENT

Last Wednesday, the Federal Reserve Open Market Committee announced that it would keep interest rates unchanged. It was the correct decision at the time, but two days later, new data was released that greatly increases the odds of a rate cut at the next FOMC meeting...

DIASTOLE ECONOMIC AND MARKET COMMENT

It’s Fed Week again! Yay! Come Wednesday afternoon, the Fed’s decision about interest rates will be released and we will hear from Federal Reserve Chairman Jerome Powell. Analysts are widely expecting for there to be no rate change, although when the minutes of the...