Every Monday, for the last year or more, I've been providing my Instagram followers and Family Finance Moms group members with a detailed, weekly market update. It covers market performance, key economic indicators, both leading and lagging, as well as financial news highlights from the week before and what to anticipate in the week ahead.
Going forward, I will now publish all the same market update content here on the blog. This is for ease of readability and more permanent accessibility given your feedback. You can also find more in-depth Economic Recovery Tracking post, updated monthly with lengthier historical context here.
Last week, the market was down more than 1% through Thursday, before rallying on Friday on at least strong headline numbers from the February Employment Report to end the week up 0.8%. Bond yields continued to rise, and mortgage rates crossed 3%, their highest level since last summer. The Senate also passed the $1.9 trillion stimulus bill over the weekend – but what did they have to change to get the votes to pass it? Prefer to listen vs. read? You can now get the weekly headline highlights on Finance Explained, my new podcast. Read on for more of this…Read More
Last week, the stock market sold off for the second week in a row, as rapidly rising interest rates create headwinds and continue to drive inflation concerns. Mortgage rates saw their largest one-week increase in nearly a year, and we got an update on the new housing market, labor market, as well as consumer spending for January. Fed Chairman Jerome Powell testified before Congress, and the House passed the $1.9 trillion stimulus bill. This market weekly recap covers details on all of the above, and you can find all the previous Monday Market Update’s here. Monday Market Weekly Recap for…Read More
Last week, the stock market sold off from its prior week highs, as interest rates continued to rise and inflation concerns continued. Mortgage rates started to rise, and we got an update on the housing market and labor market. Congress also held hearings on GameStop, and the House put forward its language for the $1.9 trillion stimulus bill. This weekly market report covers details on all of the above, and you can find all the previous Monday Market Update’s here. Monday Weekly Market Report for 02.22.2021 The S&P 500 sold off last week as inflation expectations increased and longer-term interest…Read More
Last week, the stock market hit new highs, and long-term bonds reached their highest yields in nearly a year on the backs of solid corporate earnings, inflation concerns and hopes for more stimulus. I’ve also got a couple new national survey data sources to share this week – covering stats on schools, stimulus and housing. This Monday market recap covers more details on all of the above, and you can find all the previous Monday Market Update’s here. Monday Market Recap 02.15.2021 The S&P 500 closed at a new all-time high on Friday, for the second week in a row.…Read More
It was a far less volatile week for the markets last week. The S&P 500, Nasdaq, and Russell 2000 (Small Cap Index) all closed at new all time highs on Friday, as weak employment reports spurred the increased likelihood and speed of Congress passing larger stimulus plans. This weekly market report covers more details on all of the above, and you can find all the previous Monday Market Update’s here. Monday Market Update 02.01.2021 After two consecutive weeks of decline, the S&P 500 rallied last week, ending the week at a new all time high, up 4.6% for the week…Read More
Last week was one of the craziest for the stock market, in terms of headlines, I may have seen in well over a decade – so this is one weekly market recap you won’t want to skip! The S&P 500 and Nasdaq both started the week strong, hitting new highs on Monday and Tuesday, respectively, before ending the week down. Bubble-like speculation activity and concerns around a slowdown in the real economy were the drivers. You can find all the previous Monday Market Update’s here. Monday Market Update 02.01.2021 Last week, the S&P 500 sold off, ending the week down…Read More
Last week, both the S&P 500 and tech-heavy Nasdaq hit new all-time highs on Thursday, buoyed by hopes for the $1.9 trillion stimulus package proposed by Biden, before selling off on Friday, but ending the week up overall. Read on for details on last week market and economic news, and you can find all the previous Monday Market Update’s here. Monday Market Update 01.25.2021 Last week, the S&P 500 bounced back +1.9%, following the prior week’s decline. The market continues to be volatile – hope for control of the pandemic with the vaccine rollout and the promise of additional stimulus…Read More
Over a year ago now, I started giving my Instagram follower’s a weekly market update every Monday. They’ve grown in the content covered and the work involved to produce them through the last year… and after requests for an easier to read, save and follow format, I’m shifting their home from my Instagram stories (where they disappear after 24 hours) to my blog. For those who’ve come to rely on them, I hope you find this format an improvement to the same, fact-based, informative weekly market update content you’ve come to know and love. Monday Market Update 01.18.2021 Last week,…Read More