Market Notebook
Discussion –
PRICE ACTION:
Equity prices, as measured by the ticker SPY closed lower on the week, while bond prices, as measured by the ticker BND, closed higher.
SPY -0.17%
BND +0.33%
TECHNICAL ANALYSIS:
SPY price appears established in an upward trend.
BND price appears to be transitioning to wide-ranging consolidation.
SENTIMENT:
Initiatives by the Trump administration have the capacity to rile markets and market participants, as some of the initiatives are novel. It is unclear whether the initiatives will grow or constrain real economic activity.
ECONOMY AND FUNDAMENTALS:
The U.S. real economy appears well-positioned for continued growth in 2025.
ACTION:
Have a strategy, be prepared, and act decisively when action is required.
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.