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Market Commentary: Weak Seasonality Still in Play

Carson Wealth

The economy has surprised to the upside and stocks had one of their best starts to a year. The Bank of America Global Fund Manager Survey surveys portfolio managers that manage hundreds of billions of dollars. Four positive stories on the manufacturing front are tailwinds for the economy.

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Market Commentary: Better Times May Be Ahead Despite the Market’s Reaction to the Last Fed Meeting of the Year

Carson Wealth

In short, the economy and markets are looking at elevated interest rates over the next two years. These long-term interest rates matter a lot for the economy. They expect to hit their target of 2% only by 2027 now. But elevated interest rates hit cyclical areas of the economy like housing and investment spending.