March 27, 2023

Mixed Message Provokes Volatility Presented by APEX Financial Group/Mount Vernon Investment Modest gains in major market indices masked sharp volatility amid the uncertainty arising from mixed messages emanating from public officials and revived banking fears. The Dow...

March 20, 2023

Markets Cautious After Banking Woes; Awaiting Fed Reaction Presented by APEX Financial Group/Mount Vernon Investment Amid the reverberations of two U.S. banks being taken over by regulators and the spread of uncertainty to European banks, stocks trended higher last...

March 13, 2023

Weekly Market Insights: Bad News Gives Markets A One-Two Punch Presented by APEX Financial Group Stocks tumbled last week as investors reconsidered their interest rate expectations after Fed Chair Powell’s Congressional testimony that rates may need to go higher....

March 6, 2023

Fed’s Reassurance Boosts Stocks Presented by APEX Financial Group A late-week surge, triggered by reassuring Fed-speak, propelled stocks higher last week. The Dow Jones Industrial Average gained 1.75%, while the Standard & Poor’s 500 advanced 1.90%. The Nasdaq...

February 27, 2023

FOMC Says Inflation Is Still Too High Presented by APEX Financial Group Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week. The Dow Jones Industrial Average skidded...

February 20, 2023

Mixed Results As Interest Rate Concerns Grow Presented by APEX Financial Group/Mount Vernon Investment Growing concerns about further interest rate hikes, prompted by fresh economic data, reversed early-week gains and left stocks mixed for the week. The Dow Jones...