Economic Update | Week Ending March 23, 2024
Economic Update | Week Ending March 23, 2024
This week the Fed left interest rates unchanged. In their remarks, they said that they still expect to make three rate drops in 2024 despite inflation r...
Economic Update | Week Ending March 23, 2024
This week the Fed left interest rates unchanged. In their remarks, they said that they still expect to make three rate drops in 2024 despite inflation r...
Economic Update | Week Ending March 16, 2024
Both the CPI (Consumer Price Index) and the PPI (Producer Price Index) showed that consumer prices and wholesale prices jumped more than expected in February. It was widely thought that inflation ...
Economic Update | Week Ending March 9, 2024
Economic news this week centered around hiring, jobs, and Tech stocks. The job market remained hot, but not as hot as it appeared last month. Tech stocks that have had a giant rally this year gave ...
Economic Update | Week Ending March 2, 2024
Next Friday the Department of Labor and Statistics will release the February jobs report. Investors are eagerly awaiting what those numbers will look like. The Fed has stated that slowing job growt...
Economic Update | Week Ending February 24, 2024
The Dow and the S&P 500 closed the week at record highs – Tech stocks led the way with an impressive week, but all sectors were generally higher. The resilience in the economy has surprised i...
Economic Update | Week Ending February 17, 2024
Key economic news this week – This week we saw bond yields and mortgage rates increase on reports that indicate the inflation level is not dropping as quickly as economists had hoped. On Tues...
Economic Update | Week Ending February 10, 2024
The S&P closed above 5,000 for the first time ever – With the consensus of economists that the economy is growing at a healthy pace with no slowing in sight, stock markets notched another imp...
Economic Update | Month Ending January 31, 2024
Stock markets began the year higher – With a renewed sense of optimism this January was very different than January 2023. With the Fed in the middle of an aggressive rate hike campaign in ord...
Economic Update | Week Ending January 27, 2024
Stock markets – More strong economic news was released this week. The headline was the fourth quarter GDP results. The economy grew at a blistering 3.3% in the fourth quarter, well above analy...
Economic Update | Week Ending January 20, 2024
Stock markets – This week marked another week of strong economic data. December retail sales, a gauge of consumer confidence was much stronger than analysts had expected. Strong consumer spend...