Jackson Hole Redux: Stock Indices Are Back Where They Started – The Market Breadth

Jackson Hole redux (Credit: Welcome to Jackson Hole Sign by Latham Jenkins on Flickr)

Stock Market Commentary The annual Jackson Hole confab of central bankers starts this coming Thursday. Almost like technical poetry, the S&P 500 and the NASDAQ are back to the highs directly preceding Jackson Hole 2022. Depending on your perspective, this Jackson Hole redux either represents a bullish confirmation of the market’s resilience after 18 months … Read more

A Bear Market Breakthrough for the S&P 500 – The Market Breadth

bear market breakthrough (Credit: Breakthrough by -RobW- from Flickr)

Stock Market Commentary: The Q3 2022 U.S. GDP report from the Bureau of Economic Analysis undermined this year’s strident claims that the economy overall is already in recession. Q3 GDP grew 2.6% largely thanks to a 2.8% growth in personal expenditures for services (one more validation of the relatively strong jobs market) and thanks to … Read more