Blog – Stock Market Analysis and Commentary for March 31, 2023 Summary: Stocks rallied on Wall Street and closed out a winning March despite a long list of worries for investors. The S&P 500 gained 1.4% Friday and rose 3.5% for the month, with tech stocks leading the way. The index also notched its second winning quarter in a row after tumbling through most of last year on worries about high interest rates. Friday’s gains came after a report showed inflation slowed in February, though it was still high on a historical basis. A slowdown in inflation could give the Federal Reserve more leeway to take it easier on interest rates. On Friday: The S&P 500 rose 58.48 points, or 1.4%, to 4,109.31. The Dow Jones Industrial Average rose 415.12 points, or 1.3%, to 33,274.15. The Nasdaq composite rose 208.44 points, or 1.7% to 12,221.91. The Russell 2000 index of smaller companies rose 34.10 points, or 1.9%, to 1,802.48. For the week: The S&P 500 is up 138.32 points, or 3.5%. Source - https://finance.yahoo.com/news/stock-market-news-mar-31-133101707.html?.tsrc=rss or https://apnews.com/article/business-financial-markets-06ac46287feada1dc7be21a1d7c52bf8 Commodity prices continue to see wild swings - https://www.the-star.co.ke/business/kenya/2023-03-30-commodity-price-shifts-to-slow-growth-in-developing-nations--imf/ Farming continued to experience both high input costs and wild swings from various commodities – https://www.agriculture.com/news/business/fapri-farm-income-to-soften-as-commodity-prices-weaken ESG and Sustainability Reporting - https://seekingalpha.com/article/4591490-breaking-down-basics-esg-reporting-standards-vs-frameworks Geopolitical issues - https://www.reinsurancene.ws/global-growth-drivers-outweigh-elevated-geopolitical-and-economic-risks-marsh/ Mining sector - https://www.lexology.com/library/detail.aspx?g=e7f7304f-a900-4953-b709-415d4e822724 Global Debt - https://www.bbc.com/news/business-65140363 or https://infotel.ca/newsitem/household-debt-to-income-ratio-edges-lower-as-interest-payments-expand/it97302 Top technological trends - https://hrbrain.com/the-most-prevalent-it-trends-expected-in-2023/ or https://crazytechsolution.com/new-technology-trends-in-2023/ LNG - https://www.hellenicshippingnews.com/lng-tankers-heading-to-britain-belgium-the-netherlands-and-germany/ Circularity - https://climatetechreview.com/topolytics-ai-driven-solution-for-sustainable-waste-management/ or https://www.pwc.co.nz/insights-and-publications/2023-publications/unlocking-a-greener-gdp-through-a-circular-bioeconomy.html Consumer spending - https://www.hellenicshippingnews.com/u-s-consumer-spending-retreats-in-february-inflation-cools/ Construction materials - https://www.crainscleveland.com/real-estate/construction-conditions-improving-cleveland-us Innovation - https://www.hostinger.com/tutorials/most-creative-countries-online or