Debt Ceiling Kabuki Theater Continues with Congressional House and Presidential Administration Negotiators Reportedly Close to a Deal, but it’s not Finalized… Media outlets claim the two sides are ...
Week In Review – May 22 2023
Stocks Advanced this week on Debt Ceiling Talks and Regional Bank Stability… President Biden cut his trip to Asia short to attend the debt ceiling talks, and some regional banks reported expanded ...
Week In Review – May 2 2023
New Home Sales Jump in March, Reach the Highest Level Since March of Last Year… March new home sales increased 9.6% over February, reaching the highest level since March 2022, but were still down 3.4% ...
Week In Review – April 24 2023
March Existing Home Sales Down 2.4% From February, Down 22% Over Last Year… Existing home sales fell more than expected, as mortgage rates inched higher and supply remained low. What it means— It’s ...
Week In Review – March 27 2023
The Federal Reserve Raised the Overnight Rate 0.25% to a Range of 4.75% to 5%… The Federal Open Market Committee (FOMC) removed the language about additional rate hikes from the monetary policy ...