Monday Update: Inflation Low, Not Dropping Further

August 14, 2017

Last week, the only major economic report was on consumer prices, released on Friday. Overall, this month’s data suggests that inflation remains low but is not dropping further. Therefore, the Fed will remain watchful, and it isn’t likely to increase rates in September but may well start the balance sheet reduction program.

Continue reading → Leave a comment

Appearance on CNBC's Power Lunch, August 11, 2017 [Video]

August 11, 2017

After three consecutive days of market declines fueled by tensions with North Korea, the major U.S. indices were up on Friday. Is recent performance simply normal market action, or is it a sign of something worse to come? 

Continue reading → Leave a comment

Monday Update: Strong Jobs Suggest Recovery Continues

August 7, 2017

We saw a wide range of economic news last week, including a detailed look at consumer income and spending; business confidence in both the manufacturing and service sectors; the international trade report; and, most important, the July jobs report. While there are some areas of concern, the jobs report suggests that the recovery continues.

Continue reading → Leave a comment

Dow 22K: Are We Seeing a Pattern?

August 3, 2017

It seems like just a couple of months ago that I was writing about record highs for the Dow. In fact, looking at the data, it was only a few months ago, on January 26, that I wrote about Dow 20K. Reviewing that post, it notes that I last discussed stock market records 58 days before that. Are we seeing a pattern here?

Continue reading → Leave a comment

Monday Update (on Tuesday): Mixed Data, Positive Overall

August 1, 2017

Last week gave us another look at the housing market, with reports on sales of existing and new homes. Also, the durable goods orders provided a window into industry and business confidence, while the first estimate of GDP for the second quarter revealed the growth of the economy as a whole. Overall, the news was mixed but positive.

Continue reading → Leave a comment

Appearance on CNBC's Power Lunch, July 24, 2017 [Video]

July 25, 2017

This week is an important one for earnings season, with a large number of S&P 500 companies due to announce their results for the second quarter. Given all the political turmoil in DC, should we expect company earnings to follow suit? Or have we already seen all the bad news?

Continue reading → Leave a comment

Monday Update: Housing Bears Watching

July 24, 2017

Last week was all about housing, and the news was mixed. Although industry sentiment showed a surprising drop, actual activity came in stronger than expected. Overall, the data probably shades to the good side, but housing bears watching going forward.

Continue reading → Leave a comment
5 Ways to Affiliate
Commonwealth Independent Advisor

Hot Topics

Have a Question?

New Call-to-action


Subscribe via E-mail



The information on this website is intended for informational/educational purposes only and should not be construed as investment advice, a solicitation, or a recommendation to buy or sell any security or investment product. Please contact your financial professional for more information specific to your situation.

Certain sections of this commentary contain forward-looking statements that are based on our reasonable expectations, estimates, projections, and assumptions. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Past performance is not indicative of future results. Diversification does not assure a profit or protect against loss in declining markets.

The S&P 500 Index is a broad-based measurement of changes in stock market conditions based on the average performance of 500 widely held common stocks. All indices are unmanaged and investors cannot invest directly into an index.

The MSCI EAFE Index (Europe, Australasia, Far East) is a free float‐adjusted market capitalization index that is designed to measure the equity market performance of developed markets, excluding the U.S. and Canada. The MSCI EAFE Index consists of 21 developed market country indices.  

Third party links are provided to you as a courtesy. We make no representation as to the completeness or accuracy of information provided at these websites. Information on such sites, including third party links contained within, should not be construed as an endorsement or adoption by Commonwealth of any kind. You should consult with a financial advisor regarding your specific situation.


Please review our Terms of Use

Commonwealth Financial Network®