DIASTOLE ECONOMIC AND MARKET COMMENT

Markets moved up, down, and sideways last week and ended the week essentially unchanged.  On the whole, not too bad. And markets appear to be headed higher this morning, on the news from Treasury Secretary Scott Bessent that a deal was reached with China over the...

DIASTOLE ECONOMIC AND MARKET COMMENT

Have you gassed up your car lately? Does it seem like gas prices are holding steady? A year ago, West Texas Intermediate oil cost about $80 per barrel. Today it’s below $60. That’s a drop of 25%. The price of gas at the pump has fallen over the same period by about...

DIASTOLE ECONOMIC AND MARKET COMMENT

Stock and bond prices rose last week, creating a bit of breathing room for investors. The Standard & Poor’s 500 is now at about the same level as last year. Unfortunately, that means that we’ve lost all of the gains of the second two-thirds of 2024. Early last...

DIASTOLE ECONOMIC AND MARKET COMMENT

Taxes or extension filed? Check.  Daffodils everywhere in my yard? Check.  Dairy Queen open? Check.   Other news? Well, stock markets were disappointing again last week, while Treasury and other bond prices rose slightly. That last is very good news, since it...

DIASTOLE ECONOMIC AND MARKET COMMENT

It’s weird when the biggest news on an April 14th is not the panicked realization that tax day is tomorrow. This year, that’s not even top five.   Crazy stock market turbulence is probably first, although maybe bond markets should be. And even though you’re probably...

DIASTOLE ECONOMIC AND MARKET COMMENT

“May you live in interesting times,” was my favorite Chinese curse when I was twelve. And despite its being English in origin, and not exactly a curse, it remains a favorite. But a little too on the nose today, perhaps? We sit in between the economic news releases of...