Consumer Prices Rose 0.3% in August and 5.3% for the Year… Both the monthly and annual inflation rates were down from recent highs. Core inflation dipped to 4% from a 30-year high in June of ...
Week In Review – September 13 2021
U.S. Businesses Reported 10.9 Million Job Openings, Far Outnumbering the 8.7 Million People Unemployed… Employers claim they can’t find qualified workers, even though millions remain on the ...
Week In Review – August 30 2021
Investors Study Fed Comments at Central Bank Symposium… Fed Chair Jay Powell made the opening comments at the event, which in the past has served as the venue for announcing major policy ...
Market Commentary – August 25 2021
Markets were shaken last week by a potent cocktail of central bank tapering and economic growth concerns mixed with coronavirus and a splash of the new Chinese privacy law. On Wednesday, the ...
Week In Review – August 23 2021
Fed Minutes of July Meeting Show Consensus for Tapering This Year, Sending Markets Lower… The minutes from the last Federal Reserve meeting at the end of July showed a broad agreement among the ...
What is the most important driver of economic growth in the United States?
The most common way to measure economic output is Gross Domestic Product or GDP. It’s the value of all goods and services produced in our country over a specific period of time. GDP is a combination ...
Week In Review – August 18 2021
Consumer Prices Rose 0.5% Last Month and 5.4% Over the Last Year… The monthly inflation gain eased from the 0.9% pace in June, but annual inflation remained stubbornly high, at the same rate as last ...
Are We There Yet?
For months, investors have wondered when the Federal Reserve (Fed) might begin to “normalize” its policies, a process that will eventually lead to higher interest rates. Last week, a ...
Week In Review – August 9 2021
The U.S. Economy Created 943,000 Jobs in July… Also, the U.S. Bureau of Labor Statistics revised the jobs numbers for May and June higher by a total of 119,000 and the unemployment rate fell from 5.9% ...
Week In Review – August 2 2021
The Federal Reserve Held Monetary Policy Steady… The central bankers announced that they will hold rates at 0% to 0.25% and continue to purchase $120 billion in bonds each month. What it means— No ...