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Weekly Market Insights – October 23, 2023

Cornerstone Financial Advisory

Despite worries of a struggling consumer, consumers increased their spending as retail sales rose 0.7% This Week: Companies Reporting Earnings Tuesday: Microsoft Corporation (MSFT), General Electric Company (GE), Verizon Communications, Inc. (VZ), Investment Advisor Representative, Cambridge Investment Research Advisors, Inc.,

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Weekly Market Insights – January 23, 2023

Cornerstone Financial Advisory

Disappointing retail sales and manufacturing reports sparked concerns that the Fed may have gone too far in hiking rates, while a drop in initial jobless claims diminished chances of a near-term pause in rate hikes. 4 Consumers Retrench Retail sales fell 1.1% a Registered Investment Advisor. Horton, Inc.

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Weekly Market Insights – April 22, 2024

Cornerstone Financial Advisory

A bit of good news punctuated an otherwise sour Monday, as a stronger-than-expected retail sales report showed consumers were spending despite rising inflation. Retail sales increased 0.7% This Week: Companies Reporting Earnings Monday: Verizon Communications Inc. (VZ) a Registered Investment Advisor.

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Weekly Market Insights – July 22nd, 2024

Cornerstone Financial Advisory

Retail sales were unchanged in June, which was better than expected. This Week: Companies Reporting Earnings Monday: Verizon Communications Inc. (VZ) FMG is not affiliated with the named representative, financial professional, Registered Investment Advisor, Broker-Dealer, nor state- or SEC-registered investment advisory firm.

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Weekly Market Insights – February 19, 2024

Cornerstone Financial Advisory

But stocks regained some momentum on Wednesday and rallied Thursday despite disappointing reports on both retail sales and industrial production for January. FMG is not affiliated with the named representative, financial professional, Registered Investment Advisor, Broker-Dealer, nor state- or SEC-registered investment advisory firm.

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Weekly Market Insights – April 17, 2023

Cornerstone Financial Advisory

After reports of a more pronounced slowdown in producer prices on Thursday, stocks surged higher, with technology and communication services companies leading the charge. A weak retail sales number on Friday shaved the gains to close out the week. Investment Advisor Representative, Cambridge Investment Research Advisors, Inc.,

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Weekly Market Insights – January 22, 2024

Cornerstone Financial Advisory

That and a stronger-than-expected holiday retail sales report put pressure on stock prices. December retail sales came in strong, +0.6% NFLX), Verizon Communications Inc. (VZ) Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor.