Month: January 2023

Last year, the Fed’s seven interest rate hikes had put the tech industry under immense pressure, with the tech-heavy Nasdaq Composite entering a bear market. Software stocks struggled as the

Despite the challenging macroeconomic environment, AT&T Inc.’s (T) EPS surpassed the consensus EPS estimate by 6.6% in the fourth quarter. However, its revenue missed analyst estimates by 0.1%. Post its

Despite inflation showing signs of easing, Fed policymakers signaled to continue raising interest rates throughout this year. In addition to hawkish comments from Fed officials, weak economic data fueled recession

As I wrote in last week’s commentary, the stock market (SPY) is a complicated place to be right now. There are a handful of potentially positive signs (the recent rally,

The ongoing earnings season is expected to underwhelm investors, with businesses weighed down by high borrowing costs, deflated asset prices, and softening consumer demand due to decreased discretionary expenditure. With

Cooling inflation has raised signals of a slowdown in the interest rate hikes. According to most economists in a Reuters poll, the Federal Reserve will end its tightening cycle after 25-basis-point

The S&P 500 has broken above the 200 day moving average, and has many bulls excited and believing a large, sustained rally is on its way. Personally, I’m skeptical that

Inflation slowed once again in December as the Consumer Price Index (CPI) increased by 6.5% over last year and decreased by 0.1% sequentially. Although progress has been made in bringing inflation down

Equities endured a challenging 2022 due to geopolitical headwinds, high inflation, and the Fed’s aggressive interest rate hikes. With the central bank raising interest rates to the highest level since 2008,