Russell E. Towne | February 12, 2025
‘2/12/2025 ‘Some Like it Hot… Or… Maybe Not!!!’
‘Some Like it Hot… Or… Maybe Not!!!'
Hotter that expected ‘Inflation” numberspushed the DOW 400 points lower in mid-morning trading this Wednesday, 1/12/2025, say Quartz 1/12/2025. Along with the risk of a tariff war, the fear of interest rate reductions being pushed off to further in the year, were possible culprits in the market volatility. Pundits, on such actions, pointed to the previous administration’s year-end cash spending spree and housing costs as points of interest.
On a positive note, in appears that wages are rising faster that inflation, reports the Courier Journal 1/12/2025, while bank earnings are picking up, suggesting that the economy is about to expand.
Hot or Not,
when will this translate to positive market movements
is the question… for investors???
_______________________________________
Remember
“Follow the Investment Trends”
With
Wave and Wind
Only available through
Towne Scherer Private Wealth Management
The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The economic forecasts set forth in this material may not develop as predicted. All indices are unmanaged and may not be invested into directly.
Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.
The opinions expressed in this material do not necessarily reflect the views of LPL.