Inflation slows, yields peak, the market pops, and fizzles into the holiday. – C.J. Lawrence – Market Commentary – 12/19/22

As we prepare for the holiday, the market looks like stale Champagne. There was an initial 900-point pop in the DOW on the better inflation number for November (CPI) at 7.1%. Markets were ready to pop the cork and declare inflation dead. That quickly fizzled when Fed Chair Jay Powell delivered anoth...
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Fed blinks; Inflation cools; America votes; China buys vaccines; Crypto implodes; Putin retreats. – C.J. Lawrence Market Commentary 11/11/2022

Turning to the September inflation report, headline CPI year-on-year for September was down slightly at 8.2%, in line with the previous three declines.  The all-important core inflation which excludes food and energy was unfortunately up again....
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Two steps forward, two steps back. High inflation remains front and center. – C.J. Lawrence – Market Commentary – 10/7/2022

Markets finished the week up 1.8%.  Recent economic data continues to be good for workers and bad for markets. We are still adding jobs at a healthy 250,000+ monthly rate.  The unemployment rate remains at a very low 3.5%.  This is consistent with tight labor markets and continued inflationary pr...
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Relative Strength Indicator (RSI) Back to Extreme Oversold Condition – C.J. Lawrence Market Commentary – 9/23/2022

It has been a tough couple of weeks for the bulls. The S&P500 is back to the June low at 3693, wiping out the strong momentum we saw in August and back to extreme oversold conditions as measured by the relative strength indicator (RSI).  The culprit is core inflation or what is often called PCE...
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Back to Work for Labor Day! Introducing INFLATION PROOF Investing 1.0 – C.J. Lawrence Market Commentary – September 2, 2022

We had another strong employment report today. August added another 315,000 jobs, ahead of expectations. Labor force participation also rose to 62%, indicating that workers are returning to work. As a result of the higher labor force participation, the unemployment rate rose to a very low 3.7%. This...
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