Market Notebook

by | Jan 14, 2024

Discussion – 

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

Both SPY and BND might be considered in an upward trend.

Sentiment is swiftly changing towards “risk on” with market participants appearing to believe that U.S. equities have begun a new long-term cycle higher.

Inflation data suggests that inflation remains sticky. Inflationary data could easily be market-moving over the next several weeks.

Economic indicators within the Market Notebook remain mixed.

Jobless claims are to be watched as an important indicator of a potential recession. Thus far, jobless claims are not indicative of a near-term 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.