Do you guys like roller-coasters? Well, the market yesterday before, during, and after Jay Powell’s speech sure was quite the ride! Started out down, then up, then down, and finished back up. For long-term investors, this kind of intraday noise can be the most difficult distraction to avoid. But do your best!
Tim's Top Links
Tim’s Top Links – 2/7/23
As we continue to chug along here in early 2023, it feels like the market still waits for every piece of economic data or speech from Jay Powell. However, under the surface, there are more and more stocks participating in the rally. Let’s see what that means moving forward!
Here’s what I’ve been reading this morning:
Tim’s Top Links – 2/6/23
Have you been keeping up with the Mullooly Asset Podcast? We’re dropping a new episode each week loaded with valuable market and economic insight that you don’t want to miss! Last week’s episode is linked below. Check it out!
Here’s what I’ve been reading this morning:
Tim’s Top Links – 2/2/23
Well, it’s Groundhog Day…again. (Great movie)
Yesterday was another day where we got a Fed announcement and a rate hike. For the last year, Fed announcement days have kind of felt like Groundhog’s Day. Rate hike, market down. Rate hike, market down. Repeat. However, that cycle MAY be coming to a close.
Here’s what I’ve been reading this morning:
Tim’s Top Links – 2/1/23
We’re into the second month of 2023, and right off the bat we have a relatively important day for the market and economy as a whole. Today we’ll find out how much the Fed will hike rates once again. After a full year of this, you’d think people would react a little better, but that remains to be seen.