{"id":5094,"date":"2023-12-17T21:11:22","date_gmt":"2023-12-18T02:11:22","guid":{"rendered":"https:\/\/envisionco.net\/?p=5094"},"modified":"2023-12-17T21:11:22","modified_gmt":"2023-12-18T02:11:22","slug":"week-ending-12-15-2023","status":"publish","type":"post","link":"https:\/\/envisionco.net\/?p=5094","title":{"rendered":"Week Ending 12\/15\/2023"},"content":{"rendered":"<p>MARKET RECAP<\/p>\n<ul>\n<li>US markets made it seven weeks in row, up by 2.82%, bonds were up by 2.15% as interest rates continued to fall. The yield on the 10-year dropped by 32 basis points.<\/li>\n<li>Mortgage rates fell to under 7% for the first time since August of 2022.<\/li>\n<li>The Fed kept interest rates unchanged, but to everyone&#8217;s surprise, Powell sounded dovish and said that rate cuts were under discussion, contrary to a statement just 12 days before. The markets took off in response; not sure why Powell needed to go that far; hope this won&#8217;t be a replay of the 1970s when the Fed took its foot off the gas and inflation accelerated. Or maybe he sees a steeper economic decline than investors anticipate down the road and wants to get in front of it.<\/li>\n<li>CPI was up by 3.1% year over year.\u00a0 Services, excluding energy, were up by 5.1%.<\/li>\n<\/ul>\n<p>SCOREBOARD<\/p>\n<p><a href=\"https:\/\/envisionco.net\/wp-content\/uploads\/2023\/12\/Scoreboard-12-15-2023.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-5095\" src=\"https:\/\/envisionco.net\/wp-content\/uploads\/2023\/12\/Scoreboard-12-15-2023-77x300.png\" alt=\"\" width=\"77\" height=\"300\" srcset=\"https:\/\/envisionco.net\/wp-content\/uploads\/2023\/12\/Scoreboard-12-15-2023-77x300.png 77w, https:\/\/envisionco.net\/wp-content\/uploads\/2023\/12\/Scoreboard-12-15-2023-262x1024.png 262w, https:\/\/envisionco.net\/wp-content\/uploads\/2023\/12\/Scoreboard-12-15-2023.png 573w\" sizes=\"auto, (max-width: 77px) 100vw, 77px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MARKET RECAP US markets made it seven weeks in row, up by 2.82%, bonds were up by 2.15% as interest rates continued to fall. The yield on the 10-year dropped by 32 basis points. Mortgage rates fell to under 7% &hellip; <a href=\"https:\/\/envisionco.net\/?p=5094\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1893,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5094","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/5094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/users\/1893"}],"replies":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5094"}],"version-history":[{"count":1,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/5094\/revisions"}],"predecessor-version":[{"id":5096,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/5094\/revisions\/5096"}],"wp:attachment":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}