Inflation Archives - Unify Financial Advisors

Weekly Market Update – 6.24.2024

Last week, stocks rallied but closed short of their all-time highs. May’s Retail Sales Report showed a 0.1% increase from the previous month, below the 0.3% expected. The category of sporting goods, hobby, musical instruments, and book stores saw the biggest m/m increase of 2.8%. In contrast, gasoline stations and furniture sales saw the largest decreases, 2.2% and 1.1% respectively. Look for summer-time discounts on home furniture and furnishings. This ...

Weekly Market Update – 6.3.2024

Unify Financial Advisors Weekly Market Update Last week, we saw monthly gains in consumer confidence and the home price index of 4.6% and 0.3%, respectively. Nationwide home values increased 7.4% in the last 12 months ending in March. Consumer confidence reversed a two-month decline, but inflation worries of the surveyed participants persisted. Declines in revised GDP and Personal Consumption Expendituresgave mixed signals, but stocks declined, with the S&P 500 finishing the week ...

Weekly Market Update – 5.20.2024

Last week, stocks and bonds appreciated Wednesday’s Consumer Price Index(CPI) report. After months of stubborn inflation data, April’s report showed that headline and core inflation slowed. Over the last twelve months, consumer prices were up 3.4%. The week ahead includes the release of the FOMC meeting minutes, new home sales data, and PMI. Nvidia (NVDA) will draw much attention before and after its Q1 earnings report after the market closes on Wednesday. ...

Weekly Market Update – 5.13.2024

Last week, stocks posted gains, with the S&P 500 approaching a record high and bond yields remaining relatively unchanged. Good corporate earnings and signs of a softening labor market contributed to stock gains. Inflation is back in focus this week, with the Consumer Price Index (CPI) report coming out on Wednesday. The market expects April’s CPI to decrease from the previous month. Happy belated Mother’s Day to all the moms out there! Here’s to a great week ...

Weekly Market Update – 1.16.2024

Last week, the Michigan Wolverines pounced on the Washington Huskies in the NCAA Football Championship. Their victory is analogous to how the shelter component dominated the warmer-than-expected inflation data in the December Consumer Price Index (CPI). The index component for shelter continued its rise, contributing to over half of the overall CPI increase. The owners’ equivalent rent of residences (OER) survey, which accounts for 75% of the shelter index, could overstate current ...

Weekly Market Update – 12.4.2023

Last week, bulls pushed the U.S. market near its 2023 peaks, with the S&P 500 and the Dow Jones 30 gaining 0.83% and 2.60%, respectively. Bonds also rallied as yields fell, with the U.S. Aggregate Bond Index gaining 2.04%. After five consecutive winning weeks, the broader U.S. market started Monday about 4% below all-time highs amid abundant hope for interest rate cuts by mid-2024. Attention is now turning to crucial jobs data this week. The October Job Openings and Labor Turnover ...

Weekly Market Update – 11.20.2023

Last week, the S&P 500 registered a 2.31% gain, marking a three-week upward trend in stocks. Interest rates fell in response to moderate inflation data and decreased consumer spending, signaling a promising yet cautious economic scenario. In its recent earnings report, Walmart beat expectations and shared insightful observations on inflation and consumer behavior during its earnings call. The company noted deflation in most grocery categories, excluding beef, dry, and canned goods, and ...

Weekly Market Update – 10.02.2023

Here’s what happened in the markets last week. The Core Personal Consumption Expenditures (PCE) for August fell below 4% for the first time in two years. Stocks initially responded positively to Friday’s report but retreated amidst looming threats of a US Government shutdown over the weekend. However, an impending shutdown was averted as the US House and Senate passed a spending bill just hours before the scheduled shutdown at 12:01 AM on Sunday. Stocks (S&P500) and bonds(US ...

Weekly Market Update – 9.18.2023

Here’s what happened in the markets last week: Core CPI was slightly higher than expected, coming in at 0.30% month-over-month. This increase was driven primarily by a 10.6% surge in gasoline prices. The three-month annualized core CPI now stands at 2.4%, progressing towards the Fed’s long-run inflation objective of 2%. U.S. consumers continued to spend, as evidenced by stronger-than-expected retail sales growth of 0.60% month-over-month compared to an expected 0.20%. However, ...

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Tag: Inflation

Weekly Market Update – 6.24.2024

Weekly Market Update – 6.3.2024

Weekly Market Update – 5.20.2024

Weekly Market Update – 5.13.2024

Weekly Market Update – 1.16.2024

Weekly Market Update – 12.4.2023

Weekly Market Update – 11.20.2023

Weekly Market Update – 10.02.2023

Weekly Market Update – 9.18.2023

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