Market Notebook

by | Aug 27, 2023

Discussion – 

Equity prices, as measured by ticker SPY, and bond prices, as measured by ticker BND, closed higher on the week.

SPY rose during the week, with the near-term low occurring on August 18th. A resumption of the upward trend would be welcome for those long equities.

BND price remains in wide-ranging consolidation.

Market participant sentiment might be considered neutral, with equities breaking the streak of downward price movement in SPY.

Economic indicators within the Market Notebook remain mixed.

Jobless claims are to be watched as a key indicator of a potential recession. Thus far, jobless claims are not indicative of a recession.

All the best during the week ahead!

Disclaimer: Nothing in this discussion should be considered investment advice. The content of this discussion is strictly my personal opinion and subject to change at a moment’s notice. Investment advice can only be provided to you by your investment professional and not by a general market discussion such as this one. If you wish to speak with an investment advisor, contact us. We can probably help.