by cambridgesourcesites | Mar 27, 2023 | Weekly Insight
Mixed Message Provokes Volatility Presented by Crossroads Financial Advisors Modest gains in major market indices masked sharp volatility amid the uncertainty arising from mixed messages emanating from public officials and revived banking fears. The Dow Jones...
by cambridgesourcesites | Mar 20, 2023 | Weekly Insight
Markets Cautious After Banking Woes; Awaiting Fed Reaction Presented by Crossroads Financial Advisors Amid the reverberations of two U.S. banks being taken over by regulators and the spread of uncertainty to European banks, stocks trended higher last week on the...
by cambridgesourcesites | Mar 13, 2023 | Weekly Insight
Stocks tumbled last week as investors reconsidered their interest rate expectations after Fed Chair Powell’s Congressional testimony that rates may need to go higher. Stocks also were rattled when a west coast bank was placed into receivership on Friday following a...
by cambridgesourcesites | Mar 6, 2023 | Weekly Insight
Fed’s Reassurance Boosts Stocks Presented by Crossroads Financial Advisors A late-week surge, triggered by reassuring Fed-speak, propelled stocks higher last week. The Dow Jones Industrial Average gained 1.75%, while the Standard & Poor’s 500 advanced 1.90%. The...
by cambridgesourcesites | Feb 27, 2023 | Weekly Insight
FOMC Says Inflation Is Still Too High Presented by Crossroads Financial Advisors Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week. The Dow Jones Industrial Average...
by cambridgesourcesites | Feb 20, 2023 | Weekly Insight
Mixed Results As Interest Rate Concerns Grow Presented by Crossroads Financial Advisors Growing concerns about further interest rate hikes, prompted by fresh economic data, reversed early-week gains and left stocks mixed for the week. The Dow Jones Industrial Average...