Market Insights – May 29, 2023

Market Insights – May 29, 2023

by | May 30, 2023 | Weekly Economic Update

Weekly Market Insights: Debt Talks Optimism Keeps Eyes On D.C. Presented by Pinecrest Financial  Markets moved in sync last week with perceived movement in debt ceiling talks, weakening early in the week and then surging on news of progress. A solid quarterly report...
Market Insights – May 29, 2023

Market Insights – May 22, 2023

by | May 22, 2023 | Weekly Economic Update

Despite Stall, Debt Deal Optimism Cheers Markets Presented by Pinecrest Financial 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 Industrial...
Market Insights – May 29, 2023

Market Insights – May 15, 2023

by | May 15, 2023 | Weekly Economic Update

 Attention Turns To The Debt Ceiling Presented by Pinecrest Financial 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 the Standard...
Market Insights – May 29, 2023

Market Insights – May 8, 2023

by | May 8, 2023 | Weekly Economic Update

Friday Rally Trims Losses; CPI Report Next Week Presented by Pinecrest Financial  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 1.24%,...