Financial Focus – March 22nd, 2023
Tune in to this week’s episode of Financial Focus, where Nate Kreinbrink is joined by Andy Ferguson to explore the recent modifications in tax laws and shed light on the reasons behind the lower tax refunds this year.
The Two I’s Turn Positive
OVERVIEW The major U.S. stock indices ended the week on a mixed note last week. While the S&P 500 gained 1.43% and the Nasdaq surged 4.41%, the Dow lost about 0.15%. Growth stocks led the way, gaining about 3.8% versus a 1.77% decline for value stocks. And...
One and Done?
I’ve got a couple of charts this week showing just how quickly expectations can change in financial markets. The first chart, shown above, compares the market’s expectations for the terminal level of the federal funds rate (green line) vs. the current target...