Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch Plenty of opportunities this week to hear what the Fed is thinking. There are multiple Fed speakers on the docket highlighted by Fed Chairman Jerome Powell’s appearance on Tuesday (May 17)...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch In terms of economic data, inflation will be front and center this week with CPI released on Wednesday and PPI on Thursday. CPI is expected to ease slightly with the overall reading up...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch This will be a busy week with the biggest focus on the two-day Federal Open Market Committee meeting. Futures are currently pricing a 50 basis points (bps) increase in the target Fed funds...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch This is a big week for earnings reports with more than 160 S&P 500 members reporting, including the four largest U.S. companies by market cap, Apple, Microsoft, Amazon, and Alphabet....

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch Earnings season ramps up with seven Dow Jones Industrial Average constituents among the blue chip companies scheduled to report first-quarter earnings this week. Some of the big names that...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch This week marks the beginning of first-quarter earnings season. Big banks and other financials lead off with JP Morgan, Wells Fargo, Morgan Stanley, Goldman Sachs, and BlackRock among...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch On Wednesday, the Federal Open Market Committee releases the minutes of its last Fed meeting when the Fed raised rates from the 0% lower bound. The minutes will be parsed for thoughts on...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch OPEC+ will hold a virtual meeting this week and is expected to keep production unchanged despite oil prices trading at the highest level in more than a decade and concerns over the impact...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three things to watch The economic data this week is mostly second tier with readings on housing (new and pending home sales), and regional manufacturing surveys from the Richmond and Kansas City Fed. All are...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch The Federal Reserve meets this week and the rate decision will be announced Wednesday afternoon. Traders are almost positive that the Fed will raise rates 25 basis points, although futures...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch The completely unpredictable effects of the Russian invasion of Ukraine, particularly on the commodity markets will be the major focus of the markets this week. Energy, grains, and metals...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch The economic calendar is busy with top-tier data releases. ISM is expected at 58 on Tuesday with the prices-paid component remaining elevated from last month. On Friday, the employment...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch Multiple Fed speakers are on the docket this week. Chicago Federal Reserve Bank President Charles Evans, New York Federal Reserve Bank President John Williams, St. Louis Federal Reserve Bank President...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch After last week’s surprisingly strong jobs report, inflation will be the focus this week. CPI will be released on Thursday and overall CPI is expected to jump to 7.3% on a year-over-year basis with...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch Earnings season is in full swing. High-profile reports this week include Alphabet, Starbucks, Amazon and Ford. Through Friday, 169 S&P 500 constituents reported earnings. Of those, 128 posted...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch There will be a large number of earnings reports this week, coming after the NASDAQ and S&P 500 suffered their worst weeks since March 2020. Some of the higher profile companies reporting this week...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch Despite the shortened week on Wall Street, the fourth-quarter earnings season heats up. High-profile companies reporting this week include Goldman Sachs, Netflix, Proctor & Gamble, and United...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch High-profile economic reports this week include a last look at 2021 inflation. December CPI and PPI will be released Wednesday and Thursday, respectively, and are expected to post the highest readings...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch The new year starts with a busy calendar. Top-tier economic releases this week include The ISM manufacturing survey for December, released on Tuesday and the employment report released on Friday. The...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch The so-called Santa Claus Rally is a seasonal pattern that has seen the stock market make gains the last week of the year and the first two trading days of the new year. Stocks have averaged a 1.4%...

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Three Things to Know & Watch – Dec 20, 2021

Three Things to Know & Watch – Dec 20, 2021

By Bill Hornbarger, Chief Investment Officer Three Things to Watch This will be a shortened trading week. Friday is a holiday since Christmas falls on Saturday. Typically, Christmas Eve is a half day of trading for stocks. Trading is expected to be quiet. Economic...

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Three Things to Know & Watch – Dec 13, 2021

Three Things to Know & Watch – Dec 13, 2021

By Bill Hornbarger, Chief Investment Officer Three Things to Watch The Federal Open Market Committee meeting on Wednesday sits front and center this week. Fed Chairman Jerome Powell has already indicated that the Fed might accelerate its pace of tapering and the...

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Three Things to Know & Watch – Dec 12, 2021

Three Things to Know & Watch – Dec 12, 2021

By Bill Hornbarger, Chief Investment Officer Three Things to Watch The economic calendar is highlighted by November CPI on Friday. Overall inflation is expected to be up 6.7% year-over-year with core inflation (sans food and energy) climbing 4.9% from a year ago. If...

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Three Things to Know & Watch – Nov 29, 2021

Three Things to Know & Watch – Nov 29, 2021

By Bill Hornbarger, Chief Investment Officer Three Things to Watch Despite a full calendar of important economic news, the markets will focus on the new emerging coronavirus strain in South Africa. The news that it could be more transmissible and the uncertainty...

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Three Things to Know & Watch – Nov 22, 2021

Three Things to Know & Watch – Nov 22, 2021

By Bill Hornbarger, Chief Investment Officer Three Things to Watch The markets will be closed on Thursday and stocks will have a shortened session on Friday, closing at 1 pm ET. There are few earnings reports due out this week with both Zoom and Best Buy reporting....

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch The consumer, and in particular, consumer spending will be in the spotlight this week. On Tuesday retail sales for October will be released and they are expected to be strong, up 1.3% for the month,...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch Both investors and policymakers will anxiously await this week’s inflation data. Producer prices (PPI) and consumer prices (CPI) are scheduled to be released Tuesday and Wednesday, respectively. PPI is...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch The FOMC meets this week and will be the focus of attention. The Fed is expected to announce the reduction of monthly purchases of Treasury and mortgage-backed securities this month. Market...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch Approximately 30% of the S&P 500 members report earnings this week, led by tech giants such as Apple, Amazon, Alphabet, Facebook, and Microsoft. To date, earnings for the quarter are coming in well...

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Three Things to Know  & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch Earnings season begins in earnest this week. In the early releases, companies are topping estimates by approximately 16% versus the long-term average of 4%. S&P 500 companies are expected to post...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch The third-quarter earnings season kicks off in earnest this week. Earnings are expected to grow approximately 28%, which would be the fifth consecutive quarter, the longest streak since 2005. Banks...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch Washington will be center stage again this week as lawmakers continue to debate a major infrastructure stimulus package (bipartisan infrastructure bill), social spending deal (Build Back Better Act),...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch The showdown in Washington over the debt ceiling and the politics surrounding it should heat up this week. There is no consistent pattern historically of the impact on the S&P 500 when this has...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer   Three Things to Watch The Federal Reserve meeting is the biggest event this week. The focus will be on the language in the press release and if there are any clues as to when the Fed might begin to taper its bond...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch The Consumer Price Index (CPI) for August is set to be released on Tuesday. CPI is expected to be up 5.3% year-over-year with core CPI (ex Food and Energy) up 4.2% from a year earlier. That would be...

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Three Things to Know & Watch

Three Things to Know & Watch

By Bill Hornbarger, Chief Investment Officer Three Things to Watch Producer prices highlight the data calendar in the holiday-shortened trading week. The Producer Price Index (PPI) is expected up 8.2% year-over-year with core PPI forecast to be 6.6% higher than a year...

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