ClearWater Market Commentary as of February 17th, 2023
The major indexes ended mixed as investors weighed some healthy growth and profit signals against worries that inflation trends might be taking an unfavorable turn.
The major indexes ended mixed as investors weighed some healthy growth and profit signals against worries that inflation trends might be taking an unfavorable turn.
The major benchmarks ended lower in a week with relatively few important economic releases or other concrete drivers of sentiment.
Most of the major indexes extended their winning streaks into February, helped by some upside surprises in economic data and fourth-quarter earnings reports, as well as what some saw as encouraging signals from the Federal Reserve.
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ClearWater Market Commentary as of February 24th, 2023
A cascade of upside inflation and growth surprises pushed the S&P 500 Index to its worst weekly loss since early December.