by Ethan Karmolinski | Mar 23, 2023 | The Weekly Brief, Up Capital Management
Last week the University of Michigan released its Consumer Sentiment Index for March, which dropped for the first time in four months. This report comes before any recent news about the banking industry, and I would expect the next index reading to be the second month...
by Ethan Karmolinski | Mar 15, 2023 | The Weekly Brief, Up Capital Management
It was an extraordinary experience for the years we lived in Cupertino, AKA Silicon Valley. During the late 1990s, neighbors were becoming millionaires and some billionaires overnight when their companies had an Initial Public Offering (IPO). Employees at all levels,...
by Ethan Karmolinski | Mar 8, 2023 | The Weekly Brief, Up Capital Management
On Monday, the Bureau of the Census, U.S. Department of Commerce. Released its monthly U.S. Factory Orders report. New orders for U.S. manufactured goods fell 1.6% month-over-month (MoM) in January after a 1.7% rise in December. This decline for January was less than...
by Ethan Karmolinski | Feb 28, 2023 | The Weekly Brief, Up Capital Management
Last week the US Bureau of Economic Analysis released its Q4 2022 Gross Domestic Product (GDP) report. The economy, after two-quarters of contraction in Q1 and Q2 2022, recovered with economic growth in the remaining two quarters of 2022 to end the year on a positive...
by Ethan Karmolinski | Feb 15, 2023 | The Weekly Brief, Up Capital Management
The economy roared back from the 2020 coronavirus shutdown at a pace that surprised all, including the Federal Reserve. To slow the hyperinflation caused by trillions of stimulus money chasing too few goods, the Federal Reserve initiated eight consecutive rate hikes....
by Ethan Karmolinski | Feb 8, 2023 | The Weekly Brief, Up Capital Management
Last week the Midwest endured a weeklong ice storm. Since moving to San Antonio in 2021, we have experienced once in 100-year weather phenomenon every year. Leading into Valentine’s weekend 2021 and a month since moving in, temperatures dropped to 9 degrees, and...
