Market Notebook

by | Feb 5, 2023

Discussion – 

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

SPY and BND appear established in an upward trend.

Market participants appeared optimistic again last week. The question is, “how much of participant enthusiasm was due to optimism, and how much was due to Fear Of Missing Out, or FOMO?”

Economic indicators within the Market Notebook remain mixed. Real economic activity will likely slow over the next few months as the Federal Reserve continues to act to contain inflationary pressures.

Equity prices have moved sharply higher over the past few weeks. It would not be unusual to see a pullback in the near future.

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.