Market Drama
September 18, 2023
Market Drama
Featuring Zoe CEO & Founder, Andres Garcia-Amaya, CFA
April 17, 2023
Watch Time: 3 minutes
Welcome to this week’s Market Drama!
- The S&P 500 was up 0.8% week over week.
- Economic Data:
- March core CPI hit expectations of 5.6% year-over-year.
- PPI (Producer Price Index) data capture inflation on input costs through the supply chain. The trend is encouraging, with PPI falling 2.5% in March year-over-year.
- The banking system situation:
- Credit lending will get tighter, but consumers continue to have borrowing capacity.
What to look out for this week:
- Keep an eye out for the LEI indicator and PMI (Purchasing Manager Index) data.
Stay tuned for next week.
– Andres
Disclosure: This page is not investment advice and should not be relied on for such advice or as a substitute for consultation with professional accounting, tax, legal or financial advisors. The observations of industry trends should not be read as recommendations for stocks or sectors.
Ready to Grow Your Wealth?
Let us connect you with the best financial advisor for you to understand the implications of the markets in your personal financial plan.
Recent Blogs
Market Drama
September 18, 2023
Market Drama
September 11, 2023
Market Drama
September 5, 2023
Market Drama
August 28, 2023
About Zoe Financial
Zoe is a wealth platform that connects you to the right trustworthy, credentialed, and experienced wealth advisor for your needs. We believe financial advice should come from unbiased and certified professionals. That’s why Zoe’s extensive vetting process qualifies only the top 5% of managers in the United States.
Best Online Financial Advisor 2022
Series A Led by Softbank
Most Innovative Companies 2022
2019 Annual Fintech Competition Winner
Featured by:
