Federal Reserve Chair Powell Provided Guidance, Will Taper Bond Purchases Before Raising Rates… When speaking to the Economic Club of Washington about reducing bond purchases, Powell said, “That would ...
Week In Review – March 15 2021
U.S. Passes $1.9 Trillion Relief Package… President Joe Biden signed the American Rescue Plan into law Thursday. What it means— We know most of the pieces, with most Americans getting $1,400, ...
Thinking Of Markets
The survey showed asset managers’, “…cash levels at the lowest since March 2013, global equity allocations at a 10-year high, and a record number of respondents reporting taking a ‘higher than normal’ ...
Week In Review – February 15 2021
Oil Prices Push Inflation Up 0.3% in January… Even with the gains last month, annual inflation remained steady at 1.4%. What it means— The cost of gasoline shot up 7.4% last month, as energy prices ...
Week In Review – January 25 2021
Biden Takes Office… Joe Biden became the 46th president of the United States after a peaceful and quiet inauguration. What it means— There’s a new sheriff in town, and he’s determined to unwind ...