Merriman Market Analyst
Free Weekly Forecast
MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING OCTOBER 16, 2023 ©
October 13, 2023
Listen on Spotify, Apple, and Amazon Watch on YouTube REVIEW “Oil, U.S. Treasuries, and gold prices rose on Friday, with crude soaring nearly 6%, on safe-haven buying driven by the escalating Middle East conflict as Israel urged civilians to leave the northern Gaza Strip. – Caroline Valetkevitch, “Oil, Treasuries, Gold Prices Jump Amid Mideast...
Read MoreMMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING OCTOBER 9, 2023 ©
October 6, 2023
Listen on Spotify, Apple, and Amazon Watch on YouTube REVIEW Stocks rallied Friday even after the release of stronger-than-expected U.S. jobs data and a pop in Treasury yields. The U.S. economy added 336,000 jobs in September, the Labor Department said. Economists polled by Dow Jones expected 170,000 jobs. Stocks posted a stunning turnaround on...
Read MoreMMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING OCTOBER 2, 2023 ©
September 29, 2023
Listen on Spotify, Apple, and Amazon Watch on YouTube REVIEW The Dow Jones Industrial Average retreated on Friday as investors followed the latest news about a potential government shutdown and ended what has been a tough month for stocks. – Alex Harring, Sarah Min, and Pia Singh, “S&P 500 and Nasdaq Wrap Worst Month...
Read MoreMMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING SEPTEMBER 25, 2023 ©
September 22, 2023
Listen on Spotify, Apple, and Amazon Watch on YouTube REVIEW AND PREVIEW On Wednesday, Federal Reserve officials surprised markets by signaling interest rates won’t fall as much as previously planned. The tweak might be more important than it looks. In their projections and commentary, some officials hint that rates might be higher not just...
Read MoreMMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING SEPTEMBER 18, 2023 ©
September 15, 2023
Listen on Spotify, Apple, and Amazon Watch on YouTube REVIEW AND PREVIEW The United Auto Workers officially went on strike against the “Big Three” Detroit automakers early Friday, potentially imperiling an already-fragile U.S. economy. An extended work stoppage risks causing billions in damage to the economy…. Still, the strikes are limited in scope so...
Read MoreMMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING SEPTEMBER 11, 2023 ©
September 8, 2023
Listen on Spotify, Apple, and Amazon Watch on YouTube REVIEW AND PREVIEW Revisions to economic data are widespread and normal. But occasionally the revisions are so big that they upend our shared understanding of what’s going on. The problem isn’t new, but it’s getting worse. Timely data is typically based on surveys, and even...
Read MoreMMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING SEPTEMBER 4, 2023 ©
September 1, 2023
Listen on Spotify, Apple, and Amazon Watch on YouTube NOTE: U.S. markets are closed this Monday, September 4, in observance of the Labor Day holiday. REVIEW AND PREVIEW Hiring cooled this summer and unemployment rose in August, signs the labor market is moderating in the face of high interest rates....
Read MoreMMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JULY 3, 2023 ©
June 30, 2023
NOTE: U.S. financial markets will be closed for half a day on Monday and all day on Tuesday in observance of the July 4 Independence Day holiday. REVIEW AND PREVIEW (Fed Chair Jerome) Powell has signaled that officials are prepared to raise rates at the Fed’s July 25-26 meeting after holding...
Read MoreMMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JUNE 26, 2023 ©
June 23, 2023
REVIEW AND PREVIEW U.S. stocks fell Friday with the S&P 500 index on track for its worst week since the collapse of Silicon Valley Bank in March, suggesting the three-month rally may be coming to an end. “U.S. Stocks Fall to Cap Off Worst Week Since March,” June 23, 2023,...
Read MoreMMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JUNE 19, 2023 ©
June 16, 2023
REVIEW AND PREVIEW The Federal Reserve did not change interest rates (it was not a skip, according to Fed Chair Powell). The press conference presumably did intend to sound hawkish, and presumably did not intend to sound economically incoherent. The fabled “dot plots” signaled two rate hikes—given how these are...
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