“The Federal Reserve isn’t trying to kill the economy, it’s just trying to end free money,” said veteran strategist John Stoltzfus. “Free money is bad in our view in that it encourages all kinds of speculation, it inflates asset classes.. and it creates instability in the economy,” added Oppenheimer’s chief asset management strategist. Stoltzfus’ comments […]

Read more…

CHAPEL HILL, N.C. – I wouldn’t lose any sleep over “Dr. Copper’s” dire prognosis about the economy and stock market. Many investors believe the metal has earned a Ph.D. in economics. Given that copper prices HG00, -4.48% have plunged 25% over the last four months, that would make the outlook for stocks very concerning indeed. […]

Read more…

LSA-Connect

Economic Update July 5, 2022 Economic data for the week included U.S. GDP for the first quarter being revised down slightly, while personal income and spending have remained relatively strong. Durable goods and home prices also showed higher readings, the ISM manufacturing survey showed expansion but at a lower rate, while consumer sentiment has continued […]

Read more…

LSA-Connect

Economic Update June 27, 2022 Economic data for the week included a drop in existing home sales offset by stronger sales for new homes. Consumer sentiment fell to an all-time low, although long-term inflation expectations improved (declined) from an earlier report. Global equity markets recovered sharply last week with sentiment improving, as inflation may be […]

Read more…

Former Treasury Secretary Larry Summers says the Federal Reserve’s job is like getting the temperature right in an old hotel shower. There is a lag between turning the faucet and the water heating up, with the result that you end up freezing or scalding yourself before you find the right temperature. Monetary policy works with […]

Read more…

LSA-Connect

Economic Update June 20, 2022 Economic news for the week included the Federal Reserve raising interest rates sharply in their fight with inflation. Data was mixed, with the index of leading economic indicators and retail sales softer, while industrial production improved. Producer prices remained high, but showed some deceleration. Housing starts and sentiment continued to […]

Read more…

LSA-Connect

  The Federal Reserve Open Market Committee continued its aggressive tightening pace in the June meeting, by raising the key fed funds interest rate today by 0.75%—to a new range of 1.50-1.75%. This was the largest single meeting hike since 1994, and featured one dissenting vote (by a member favoring 0.50%). Why 0.75% and not […]

Read more…

LSA-Connect

Economic Update June 13, 2022 Economic data for the week included consumer price inflation coming in high in keeping with expectations. Consumer sentiment remains challenged, at its lowest levels in decades, due to high inflationary pressures, notably with gasoline. Jobless claims were little changed, when adjusted for seasonal effects. Global equity markets fell back last […]

Read more…

Market Notes   Economic data for the holiday-shortened week included a rise in manufacturing sentiment and small drop in services sentiment, despite both remaining solidly expansionary. House prices continued to increase at a dramatic pace. The May employment situation report outpaced expectations, although results were not as strong as in recent months. Global equity markets […]

Read more…

LSA-Connect

Economic Update June 6, 2022 Economic data for the holiday-shortened week included a rise in manufacturing sentiment and small drop in services sentiment, despite both remaining solidly expansionary. House prices continued to increase at a dramatic pace. The May employment situation report outpaced expectations, although results were not as strong as in recent months. Global […]

Read more…

Important Client Disclosures
ADV - Investment Adviser Public Disclosure

Follow Centauri Advisory, Inc. on Twitter Like Centauri Advisory, Inc. via Facebook Connect with Centauri Advisory, Inc. via LinkedIn
with WinWeb.com © 2024
3534