{"id":2173,"date":"2024-03-11T14:04:27","date_gmt":"2024-03-11T18:04:27","guid":{"rendered":"https:\/\/wellspringwealth.com\/?p=2173"},"modified":"2024-03-11T14:08:10","modified_gmt":"2024-03-11T18:08:10","slug":"weekly-market-commentary-the-week-got-off-to-a-good-start","status":"publish","type":"post","link":"https:\/\/wellspringwealth.com\/2024\/03\/11\/weekly-market-commentary-the-week-got-off-to-a-good-start\/","title":{"rendered":"Weekly Market Commentary \u2013 The week got off to a good start&#8230;"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-blend:overlay;--awb-bg-size:cover;--awb-margin-bottom:0px;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-1\"><p><span style=\"color: #008000;\"><strong>The Markets<\/strong><\/span><\/p>\n<p>The week got off to a good start&#8230;<\/p>\n<p>In testimony before House and Senate committees, Federal Reserve (Fed) Chair Jerome Powell noted that prices had been falling and unemployment rates remained quite low. As a result, he expected the Fed to begin lowering the federal funds rate in 2024.<\/p>\n<p>\u201cI think we\u2019re in the right place,\u201d he said. \u201cWe\u2019re waiting to become more confident that inflation is moving sustainably at two percent. When we do get that confidence\u2014and we\u2019re not far from it\u2014it\u2019ll be appropriate to begin to dial back the level of restriction so that we don\u2019t drive the economy into recession rather than normalizing policy as the economy gets back to normal.\u201d<\/p>\n<p>After Powell\u2019s comments, the likelihood of a June rate cut rose, and so did U.S. stock indices. The bond market rallied, too, with yields across all maturities of U.S. Treasuries dropping lower through Thursday.<\/p>\n<p>On Friday, a mixed bag of employment data arrived. It showed that:<\/p>\n<ul>\n<li>Hiring was stronger than expected in February. Employers added 275,000 new jobs over the month \u2013 75,000 more than expected \u2013 although gains in December and January were revised lower.<\/li>\n<li>Wage growth was slower than expected, rising 4.3 percent year-over-year in February when economists had predicted a 4.5 percent annual increase, according to Meghan Leonhardt of <em>Barron\u2019s<\/em>.<\/li>\n<li>The unemployment rate rose, increasing from 3.7 percent to 3.9 percent. (The unemployment rate is derived from a separate and smaller survey of households.)<\/li>\n<\/ul>\n<p>The data suggested that the labor market was strong but cooling, and bolstered hopes that a soft landing might be ahead. While that was positive news, it was overshadowed by weakness in technology stocks. Sarah Hansen of Morningstar reported, \u201cThe stock market started 2024 with a blistering rally\u2026But the relentless pace of gains has some watchers worried about soaring valuations on stock prices and frothy trading.\u201d<\/p>\n<p>On Friday, major U.S. stock indices finished the week lower. However, U.S. Treasury bonds rallied as yields declined over the week.<\/p>\n<table border=\"\u201d1\u201d\" cellspacing=\"\u201d0\u201d\" cellpadding=\"\u201d3\u201d\">\n<tbody>\n<tr>\n<td width=\"246\"><strong>Data as of 3\/8\/24<\/strong><\/td>\n<td width=\"66\"><strong>1-Week<\/strong><\/td>\n<td width=\"66\"><strong>YTD<\/strong><\/td>\n<td width=\"66\"><strong>1-Year<\/strong><\/td>\n<td width=\"60\"><strong>3-Year<\/strong><\/td>\n<td width=\"60\"><strong>5-Year<\/strong><\/td>\n<td width=\"72\"><strong>10-Year<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"246\">Standard &amp; Poor&#8217;s 500 Index<\/td>\n<td width=\"66\">-0.3%<\/td>\n<td width=\"66\">7.4%<\/td>\n<td width=\"66\">28.4%<\/td>\n<td width=\"60\">10.3%<\/td>\n<td width=\"60\">13.3%<\/td>\n<td width=\"72\">10.6%<\/td>\n<\/tr>\n<tr>\n<td width=\"246\">Dow Jones Global ex-U.S. Index<\/td>\n<td width=\"66\">1.9<\/td>\n<td width=\"66\">3.9<\/td>\n<td width=\"66\">11.9<\/td>\n<td width=\"60\">-0.4<\/td>\n<td width=\"60\">3.9<\/td>\n<td width=\"72\">2.0<\/td>\n<\/tr>\n<tr>\n<td width=\"246\">10-year Treasury Note (yield only)<\/td>\n<td width=\"66\">4.2<\/td>\n<td width=\"66\">N\/A<\/td>\n<td width=\"66\">4.0<\/td>\n<td width=\"60\">1.6<\/td>\n<td width=\"60\">2.6<\/td>\n<td width=\"72\">2.8<\/td>\n<\/tr>\n<tr>\n<td width=\"246\">Gold (per ounce)<\/td>\n<td width=\"66\">5.9<\/td>\n<td width=\"66\">4.5<\/td>\n<td width=\"66\">19.5<\/td>\n<td width=\"60\">8.8<\/td>\n<td width=\"60\">10.9<\/td>\n<td width=\"72\">4.9<\/td>\n<\/tr>\n<tr>\n<td width=\"246\">Bloomberg Commodity Index<\/td>\n<td width=\"66\">0.8<\/td>\n<td width=\"66\">-0.7<\/td>\n<td width=\"66\">-6.7<\/td>\n<td width=\"60\">4.7<\/td>\n<td width=\"60\">4.0<\/td>\n<td width=\"72\">-3.2<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>S&amp;P 500, Dow Jones Global ex-US, Gold, Bloomberg Commodity Index returns exclude reinvested dividends (gold does not pay a dividend) and the three-, five-, and 10-year returns are annualized; and the 10-year Treasury Note is simply the yield at the close of the day on each of the historical time periods. Sources: Yahoo! Finance; MarketWatch; djindexes.com; U.S. Treasury; London Bullion Market Association. Past performance is no guarantee of future results. Indices are unmanaged and cannot be invested into directly. N\/A means not applicable.<strong>\u00a0<\/strong><\/p>\n<p><span style=\"color: #008000;\"><strong>A REMINDER ABOUT SCAMS. <\/strong><\/span><\/p>\n<p>Scams usually start with a phone call, email, text, or another form of communication. The person typically claims to be from an agency or organization you know \u2013 or one that sounds like it might benefit you, such as the National Sweepstakes Bureau or a lottery.<\/p>\n<p>The person may know your name and address. They may give you their official title or an identification number. No matter how official they seem, you can be confident it\u2019s a scam if the person contacting you:<\/p>\n<ul>\n<li>Indicates there is a problem with your benefits.<\/li>\n<li>Asks you to pay to receive a prize.<\/li>\n<li>Suggests that paying will increase the chance of winning.<\/li>\n<li>Requests financial information, such as a bank account or credit card number.<\/li>\n<li>Pressures you to act immediately.<\/li>\n<li>Tells you to pay using a specific method, such as a gift card or cryptocurrency.<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong>If this happens, remember that the Social Security Administration, the Internal Revenue Service, Medicare, and your bank do not call, email, or text to ask for money or personal information. They do not demand that you pay immediately, and they do not accept payment by gift card, prepaid debit card, cryptocurrency, or another untraceable form of money transfer.<strong>\u00a0<\/strong>When you suspect a scam:<\/p>\n<ul>\n<li><strong>Hang up or close the message. <\/strong>Do not respond in any way.<\/li>\n<li><strong>Remain calm. <\/strong><\/li>\n<li><strong>Think back over the call<\/strong>. Write down any personal information you may have inadvertently shared.<\/li>\n<li><strong>Report the scam. <\/strong>Contact the Federal Trade Commission at ReportFraud.ftc.gov. You may also want to report the incident to your state\u2019s attorney general or your local consumer protection agency.<\/li>\n<li><strong>Share your knowledge<\/strong>. Talk with family, friends, and neighbors about your experience so they know what to look out for.<\/li>\n<\/ul>\n<p>When you receive a digital message, no matter how official it seems, do not click on any links. Do not give or confirm any personal information, including your name, birth date, phone number, address, email address, place of birth, driver\u2019s license, passport, or Social Security numbers, bank or other account numbers, and PIN numbers.<\/p>\n<p>Being skeptical can keep you safe. Remove yourself from the situation. Do not share information. If you feel anxious and need to confirm that it was a scam, contact the organization using a method provided on their official website.<\/p>\n<p><span style=\"color: #008000;\"><strong>Weekly Focus \u2013 Think About It \u00a0<\/strong><\/span><\/p>\n<p>\u201cCommon sense is genius dressed in its working clothes.\u201d<\/p>\n<p style=\"text-align: right;\"><em>\u2014Ralph Waldo Emerson, Philosopher<\/em><\/p>\n<\/div><div class=\"fusion-text fusion-text-2\"><p>Sincerely,<br \/>\nYour Team at Wellspring Wealth<\/p>\n<\/div><div class=\"fusion-builder-row fusion-builder-row-inner fusion-row\"><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-0 fusion_builder_column_inner_1_6 1_6 fusion-one-sixth fusion-column-first\" style=\"--awb-bg-size:cover;width:16.666666666667%;width:calc(16.666666666667% - ( ( 5px + 5px + 5px + 5px + 5px ) * 0.16666666666667 ) );margin-right: 5px;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-1 hover-type-none\"><img decoding=\"async\" width=\"200\" height=\"300\" title=\"DavidGlover_2018\" src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/DavidGlover_2018.png\" data-orig-src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/DavidGlover_2018-200x300.png\" alt class=\"lazyload img-responsive wp-image-431\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27300%27%20height%3D%27449%27%20viewBox%3D%270%200%20300%20449%27%3E%3Crect%20width%3D%27300%27%20height%3D%27449%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/DavidGlover_2018-200x299.png 200w, https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/DavidGlover_2018.png 300w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 800px) 100vw, 200px\" \/><\/span><\/div><div class=\"fusion-text fusion-text-3\"><p>David Glover<br \/>\nAIF\u00ae<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-1 fusion_builder_column_inner_1_6 1_6 fusion-one-sixth\" style=\"--awb-bg-size:cover;width:16.666666666667%;width:calc(16.666666666667% - ( ( 5px + 5px + 5px + 5px + 5px ) * 0.16666666666667 ) );margin-right: 5px;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-2 hover-type-none\"><img decoding=\"async\" width=\"200\" height=\"300\" title=\"DennisWright_2018\" src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/DennisWright_2018.png\" data-orig-src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/DennisWright_2018-200x300.png\" alt class=\"lazyload img-responsive wp-image-432\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27300%27%20height%3D%27449%27%20viewBox%3D%270%200%20300%20449%27%3E%3Crect%20width%3D%27300%27%20height%3D%27449%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/DennisWright_2018-200x299.png 200w, https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/DennisWright_2018.png 300w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 800px) 100vw, 200px\" \/><\/span><\/div><div class=\"fusion-text fusion-text-4\"><p>Dennis Wright<br \/>\nAEP\u00ae, ChFC\u00ae, CLU\u00ae<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-2 fusion_builder_column_inner_1_6 1_6 fusion-one-sixth\" style=\"--awb-bg-size:cover;width:16.666666666667%;width:calc(16.666666666667% - ( ( 5px + 5px + 5px + 5px + 5px ) * 0.16666666666667 ) );margin-right: 5px;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-3 hover-type-none\"><img decoding=\"async\" width=\"200\" height=\"300\" title=\"MarkWinston_2018\" src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/MarkWinston_2018.png\" data-orig-src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/MarkWinston_2018-200x300.png\" alt class=\"lazyload img-responsive wp-image-435\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27300%27%20height%3D%27449%27%20viewBox%3D%270%200%20300%20449%27%3E%3Crect%20width%3D%27300%27%20height%3D%27449%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/MarkWinston_2018-200x299.png 200w, https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/03\/MarkWinston_2018.png 300w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 800px) 100vw, 200px\" \/><\/span><\/div><div class=\"fusion-text fusion-text-5\"><p>Mark Winston<br \/>\nCFP\u00ae, AIF\u00ae<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-3 fusion_builder_column_inner_1_6 1_6 fusion-one-sixth\" style=\"--awb-bg-size:cover;width:16.666666666667%;width:calc(16.666666666667% - ( ( 5px + 5px + 5px + 5px + 5px ) * 0.16666666666667 ) );margin-right: 5px;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-4 hover-type-none\"><img decoding=\"async\" width=\"200\" height=\"300\" title=\"AndrewWright_2018\" src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/04\/AndrewWright_2018.png\" data-orig-src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/04\/AndrewWright_2018-200x300.png\" alt class=\"lazyload img-responsive wp-image-467\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27300%27%20height%3D%27449%27%20viewBox%3D%270%200%20300%20449%27%3E%3Crect%20width%3D%27300%27%20height%3D%27449%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/04\/AndrewWright_2018-200x299.png 200w, https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/04\/AndrewWright_2018.png 300w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 800px) 100vw, 200px\" \/><\/span><\/div><div class=\"fusion-text fusion-text-6\"><p>Andrew Wright<br \/>\nCFP\u00ae, AIF\u00ae<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-4 fusion_builder_column_inner_1_6 1_6 fusion-one-sixth\" style=\"--awb-bg-size:cover;width:16.666666666667%;width:calc(16.666666666667% - ( ( 5px + 5px + 5px + 5px + 5px ) * 0.16666666666667 ) );margin-right: 5px;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-5 hover-type-none\"><img decoding=\"async\" width=\"200\" height=\"300\" title=\"ValeriBishop_2018\" src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/05\/ValeriBishop_2018-1.png\" data-orig-src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/05\/ValeriBishop_2018-1-200x300.png\" alt class=\"lazyload img-responsive wp-image-529\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27300%27%20height%3D%27449%27%20viewBox%3D%270%200%20300%20449%27%3E%3Crect%20width%3D%27300%27%20height%3D%27449%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/05\/ValeriBishop_2018-1-200x299.png 200w, https:\/\/wellspringwealth.com\/wp-content\/uploads\/2018\/05\/ValeriBishop_2018-1.png 300w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 800px) 100vw, 200px\" \/><\/span><\/div><div class=\"fusion-text fusion-text-7\"><p>Valeri Bishop<br \/>\nAIF\u00ae<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-5 fusion_builder_column_inner_1_6 1_6 fusion-one-sixth fusion-column-last\" style=\"--awb-bg-size:cover;width:16.666666666667%;width:calc(16.666666666667% - ( ( 5px + 5px + 5px + 5px + 5px ) * 0.16666666666667 ) );\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-6 hover-type-none\"><img decoding=\"async\" width=\"200\" height=\"300\" title=\"Head shot WMC\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27200%27%20height%3D%27299%27%20viewBox%3D%270%200%20200%20299%27%3E%3Crect%20width%3D%27200%27%20height%3D%27299%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/wellspringwealth.com\/wp-content\/uploads\/2022\/03\/Head-shot-WMC-200x300.jpg\" alt class=\"lazyload img-responsive wp-image-1536\"\/><\/span><\/div><div class=\"fusion-text fusion-text-8\"><p>Dan O&#8217;Rourke<br \/>\nCFP\u00ae<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;width:100%;\"><div class=\"fusion-separator-border sep-single sep-solid\" style=\"--awb-height:20px;--awb-amount:20px;border-color:#e0dede;border-top-width:1px;\"><\/div><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-text fusion-text-9\"><p><strong>Sources:<\/strong><\/p>\n<div style=\"font-size: 9pt;\">\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=wOhT8gYpNoM\">https:\/\/www.youtube.com\/watch?v=wOhT8gYpNoM<\/a> [19:23 \u2013 23:00, 1:37:40]<\/p>\n<p><a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\">https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html<\/a><\/p>\n<p><a href=\"https:\/\/home.treasury.gov\/resource-center\/data-chart-center\/interest-rates\/TextView?type=daily_treasury_yield_curve&amp;field_tdr_date_value_month=202403\">https:\/\/home.treasury.gov\/resource-center\/data-chart-center\/interest-rates\/TextView?type=daily_treasury_yield_curve&amp;field_tdr_date_value_month=202403<\/a><\/p>\n<p><a href=\"https:\/\/www.barrons.com\/livecoverage\/february-jobs-report-today\">https:\/\/www.barrons.com\/livecoverage\/february-jobs-report-today<\/a> (<em>or to go<\/em> <a href=\"https:\/\/resources.carsongroup.com\/hubfs\/WMC-Source\/2024\/03-11-24_Barrons_Jobs%20Report%20Today%20Hiring%20Remains%20Strong%20Unemployment%20Rises_4.pdf\">https:\/\/resources.carsongroup.com\/hubfs\/WMC-Source\/2024\/03-11-24_Barrons_Jobs%20Report%20Today%20Hiring%20Remains%20Strong%20Unemployment%20Rises_4.pdf<\/a>)<\/p>\n<p><a href=\"https:\/\/www.barrons.com\/livecoverage\/february-jobs-report-today\/card\/labor-department-cuts-167-000-jobs-from-december-and-january-payrolls-FrRetAnGWH85TGfCeJ8n\">https:\/\/www.barrons.com\/livecoverage\/february-jobs-report-today\/card\/labor-department-cuts-167-000-jobs-from-december-and-january-payrolls-FrRetAnGWH85TGfCeJ8n<\/a> (<em>or go to <\/em><a href=\"https:\/\/resources.carsongroup.com\/hubfs\/WMC-Source\/2024\/03-11-24_Barrons_Labor%20Department%20Cuts%20Jobs_5.pdf\">https:\/\/resources.carsongroup.com\/hubfs\/WMC-Source\/2024\/03-11-24_Barrons_Labor%20Department%20Cuts%20Jobs_5.pdf<\/a>)<\/p>\n<p><a href=\"https:\/\/www.bls.gov\/news.release\/empsit.nr0.htm\">https:\/\/www.bls.gov\/news.release\/empsit.nr0.htm<\/a><\/p>\n<p><a href=\"https:\/\/www.morningstar.com\/markets\/is-stock-market-expensive-right-now\">https:\/\/www.morningstar.com\/markets\/is-stock-market-expensive-right-now<\/a><\/p>\n<p><a href=\"https:\/\/www.barrons.com\/?mod=BOL_LOGO\">https:\/\/www.barrons.com\/?mod=BOL_LOGO<\/a> (or go to <a href=\"https:\/\/resources.carsongroup.com\/hubfs\/WMC-Source\/2024\/03-11-24_Barrons_Data_8.pdf\">https:\/\/resources.carsongroup.com\/hubfs\/WMC-Source\/2024\/03-11-24_Barrons_Data_8.pdf<\/a>)<\/p>\n<p><a href=\"https:\/\/consumer.ftc.gov\/articles\/fake-prize-sweepstakes-and-lottery-scams\">https:\/\/consumer.ftc.gov\/articles\/fake-prize-sweepstakes-and-lottery-scams<\/a><\/p>\n<p><a href=\"https:\/\/www.ssa.gov\/scam\/assets\/materials\/ncpw-scammers-impersonate-the-government-ftc-oig-ssa.pdf\">https:\/\/www.ssa.gov\/scam\/assets\/materials\/ncpw-scammers-impersonate-the-government-ftc-oig-ssa.pdf<\/a><\/p>\n<p><a href=\"https:\/\/www.ssa.gov\/fraud\/assets\/materials\/EN-05-10597.pdf\">https:\/\/www.ssa.gov\/fraud\/assets\/materials\/EN-05-10597.pdf<\/a><\/p>\n<p><a href=\"https:\/\/www.brainyquote.com\/quotes\/ralph_waldo_emerson_122708?src=t_common_sense\">https:\/\/www.brainyquote.com\/quotes\/ralph_waldo_emerson_122708?src=t_common_sense<\/a><\/p>\n<\/div>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Weekly Market Commentary \u2013 The week got off to a good start... - Wellspring Wealth<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wellspringwealth.com\/2024\/03\/11\/weekly-market-commentary-the-week-got-off-to-a-good-start\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weekly Market Commentary \u2013 The week got off to a 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