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 16 2023
Consumer Prices Up 0.4% Last Month, Up 4.9% Over Last Year… Per the Consumer Price Index (CPI), core consumer prices, excluding food and energy, rose 0.4% last month and were up 5.5% over the last ...
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 ...
Week In Review – February 27 2023
Federal Reserve Minutes Show Resolve To Raise Rates… The minutes from the last meeting revealed that a majority of the voting members favor pushing rates over 5%, with a third of them advocating for ...