Good Life Advisors – Talking Points – Week 24        The week’s big event was the June FOMC meeting, where the Fed decided to hold rates steady for the first time after a 10-meeting hiking campaign that brought 500bp of tightening. At the same time, the statement and…

Good Life Advisors – Talking Points – Week 23       It was an extremely quiet week, with the market’s attention pulled ahead to next week’s May CPI report (13-Jun) and the June FOMC meeting decision (14-Jun). Corporate news was very thin at the very tail end of the Q1…

Good Life Advisors – Talking Points – Week 22         Stocks were higher this week though the market was still dealing with a number of moving pieces. Upside was driven in part by a repricing around June Fed expectations, as markets cut the odds of a June rate…

Good Life Advisors – Talking Points – Week 21         US equities were higher this week, with the S&P 500 up for the first time in three weeks and breaking its six week streak of absolute changes of less than 1%. Nasdaq was higher for a fourth-straight week….

Good Life Advisors – Talking Points – Week 20         Taylor Swift was in Philly this weekend; congrats to anyone who got tickets in the lottery. If you bought tickets through a reseller, this is what you were faced with: the cheapest seats available were over $1200 a…

Good Life Advisors – Talking Points – Week 18         The May FOMC meeting ended with a 25 bp rate hike to 5.0-5.25%, as expected in a unanimous decision this week. The policy statement eliminated some of the forward guidance language, instead focusing on data dependence. Chair Powell said that…

Good Life Advisors – Talking Points – Week 17         US equities were mostly higher this week, with the Dow, S&P, and Nasdaq shaking off last week’s modest declines. Corporate earnings were a major driver of the market narrative, with 180 S&P 500 constituents reporting this week. Treasuries were stronger across…

Good Life Advisors – Talking Points – Week 16          It was a fairly uneventful week of trading despite a number of moving pieces. Markets were fairly resilient amid another slight rise in yields, with the 2Y back near 4.20% and 10Y near 3.60%. The volatility index…

Good Life Advisors – Talking Points – Week 15 The End of Moore’s Law?               The current crop of microprocessors contain circuitry that is just three nanometers (billionth of a meter) wide.  Medieval philosophers once wondered how many angels could dance on the head of a pin. Gordon Moore,wondered how many transistors could…

Good Life Advisors – Talking Points – Week 14 US equities were mostly lower for the week, with the S&P and Nasdaq finishing somewhat lower after three weeks of gains. Treasuries were firmer with the curve steepening. The 2Y yield touched a low of 3.68% before finishing above 3.80% amid persistent expectations that…