Last week, we saw the release of a string of key economic data – including the all-important Core PCE (Personal Consumption Expenditures Price Index) – and the data is all supportive of
higher equities and lower yields. But what really impacted stocks around the world was the earnings report and outlook for memory chips from Micron (MU), which ignited the semiconductor stocks and Technology overall. Then, in a highly uncharacteristic move, China came out publicly with a bazooka plan to stimulate the economy – and that drove its equity market significantly higher since many are underweight or even short the market.
View ArticleAbout The Author
Robert G. Gilliland, CRPC®Managing Director and Senior Wealth Advisor
Robert’s career has been a blend of high personal performance and team building. He earned a Bachelor’s degree in Finance from Stephen F. Austin State University. To pay for his schooling, he ran a franchise of restaurants, gaining experience in managing time, people and money that would serve him well in his later endeavors. After […]
Learn more about RobertLegal StuffThe information contained herein is intended to be used for educational purposes only and is not exhaustive. Diversification and/or any strategy that may be discussed does not guarantee against investment losses but are intended to help manage risk and return. If applicable, historical discussions and/or opinions are not predictive of future events. The content is presented in good faith and has been drawn from sources believed to be reliable. The content is not intended to be legal, tax or financial advice. Please consult a legal, tax or financial professional for information specific to your individual situation. Material provided by Concenture Wealth Management.
