The Ironwood Recap – Market Update – March 22, 2023
The Ironwood Recap – Market Update – March 9, 2023
The markets have been moving sideways in recent weeks as conflicting data on inflation come in. As it has been the last year or so, the question is whether the Fed continues to hike interest rates and move their target higher or they decide to take a more wait and see approach. Most recently, the […]
The Ironwood Recap – Market Update – January 1, 2023
2022 was a tough year for the financial markets with everything from stocks to bonds to cryptocurrencies falling significantly. The Nasdaq was down about 34%, the S+P fell almost 18% and most shockingly 20 year treasuries fell over 30% in 2022. Some of the darlings of 2021 fell by 60% or more, such as Tesla […]
The Ironwood Recap – Market Update – December 15, 2022
The Ironwood Recap – Market Update – December 6, 2022
The market has been hovering for the last few weeks as we await next week’s Fed meeting that releases on Wednesday. In October, core inflation subsided to between 2.4% and 3.6% annualized depending on the metric you follow. This is a huge decrease from the numbers earlier this year where we saw inflation near to […]
The Ironwood Recap – Market Update – November 3, 2022
The Ironwood Recap – Market Update – October 10, 2022
September was a tough month for the markets as inflation stayed persistently high. The Fed increased their forecast for interest rates beyond what was previously expected. This upset both the bond and stock markets. The good news is that the job opening data that came out early in October showed a decrease in the number […]
The Ironwood Recap – Market Update – September 22, 2022
Yesterday, as expected, the Fed raised their benchmark rate by 0.75%. This move takes the rate to around 3%. None of this was a surprise. However the market reacted poorly because the Fed raised their guidance for the rate at year-end to be around 4.4% from a current 3-3.25%. This implies two more large rate […]
