December 11, 2023 | Gold’s rally breaches the $2,000 threshold.
Why It Matters: This often mirrors investor unease with economic stability and inflation. Yet, it’s key to note central banks’ hefty gold buying might be exaggerating to an extent.
Source: Dailychartbook, Source Financial Advisors
...December 11, 2023 | Diverging paths for U.S. Manufacturing and Services
Why It Matters: Their divergence places the economy at a yellow light —stuck in neutral. We need a clearer direction to fully gauge economic momentum.
Source: Source Financial Advisors
...December 11, 2023 | ‘”To Hike or Not to Hike?” That is the question. Markets now expect Fed and European Central Bank (ECB) rate cuts in 2024.
Why It Matters: Investors believe lower rates will boost stocks. But beware: if cuts hint at a recession, we could see a stark market drop.
Source: Daily chartbook, SoberLook
...December 11, 2023 | Labor markets show contrasts: A dip in job openings hints at cooling, but strong job growth suggests resilience.
Why It Matters: The Fed’s back at square one, with this tug-of-war data only adding uncertainty on the future of rates.
Source: SoberLook, Source Financial Advisors
...With Patrick Huang – Director of Investments + Wealth Management for Source Financial Advisors and Michelle Smith – CEO, CDFA™ Source Financial Advisors, and founder of Wife2CFO.
...With Patrick Huang and Michelle Smith – CEO, CDFA™ Source Financial Advisors, and founder of Wife2CFO.
...