Bedell Frazier Investment Counselling
Weekly market insights and commentary on some of today’s most pressing topics from Bedell Frazier Investment Counselling - a Bay Area Registered Investment Advisor specializing in investment management and financial planning.
Bedell Frazier Investment Counselling
Big Numbers
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Season 2025
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Episode 38
The rally just keeps on keeping on. Wall Street keeps putting up big numbers. The S&P 500 reached 6800 Friday for the first time ever. The Dow cleared 47K. America’s Stock Market, as measured by the S&P, is now worth $57 Trillion. Friday’s trigger to new highs: Inflation is cooler than expected. This, according to the September Consumer Price Index (CPI) report. That was music for the Bulls. 2-Year Treasury yields immediately fell. Stocks rallied. Another rate cut seems guaranteed next week. The Market is assigning a 96.7% probability of just that...