Week Ahead on Wall Street This week promises to be a pivotal one for financial markets, with attention squarely back on inflation. Investors will get a double dose of inflation data with the release of the May Consumer Price Index (CPI) and Producer Price Index (PPI). Consensus forecasts for the more closely-watched CPI are for…Read more
All Boats Aren’t Built the Same It doesn’t take Captain Obvious to see which way the wind – or rather, the wave – has been blowing in the stock market. Returns have been quite positive over the last month or two for most stocks, but some parts of the market have seen particularly big swells….Read more
Unbelievable Rally The stock market rally we’ve seen since April 8 has been astonishing, and while sputtering a bit, it looks to be hanging in there. Fears of a breakdown intensified last week, as the S&P 500 briefly fell below the 78.6% retracement level of 5896. Despite that brief hiccup, the index was able to…Read more
