Consumer Prices Rose 0.5% Last Month and Are Up 7% Over Last Year… This is the highest reading since 1982. Core inflation, excluding food and energy, rose 0.6% last month and is up 5.5% over last ...
Week In Review – January 10 2022
The U.S. Economy Created 199,000 jobs in December, Less Than Half of the Expected 447,000 Jobs… The Unemployment rate fell to 3.9% and labor force participation remained steady at 61.9%. What it ...
Week In Review – January 3 2022
Markets Rebounded as Omicron Appears Milder Than Previous Variants… The Santa Claus rally showed up right on time and officially ends January 5th. Infections from the fast-spreading omicron variant ...
2021 Hindsight Review
The end of year is time for reflection. For most investors 2021 is a year of frustration as the major indexes racked up new highs and portfolios struggled to make gains. It was a year that disproved ...
Week In Review – December 27 2021
Omicron and Fed Policy Worries Shake Markets… The markets sold off at the start of the week as investors worried about a global economic slowdown in the face of rising omicron infections and the ...
Week In Review – December 20 2021
Federal Reserve Tapers Faster and Expects to Raise Rates in 2022… The central bankers announced that they will reduce bond buying by $30 billion per month, likely ending the program in March, and then ...
Week In Review – December 13 2021
Consumer Prices Jump 0.8% in November, Up 6.8% Over Last Year…Inflation reached a 40-year high last month as prices rose for almost everything. What it means—You know things are weird when ...
Week In Review – December 6 2021
The U.S. Economy Created 210,000 Jobs in November… The unemployment rate dipped to 4.2%, a pandemic low. What it means—The jobs report showed the worst of both worlds. The consensus estimate was ...
Week In Review – November 29 2021
Build Back Better Act Passes House…The U.S. House of Representatives passed the $1.85 trillion reconciliation bill, which now goes to the Senate. What it means— Representatives held off on voting ...
Week In Review – November 23 2021
Retail Sales Increase 1.7%...Consumer spending remains strong even as stimulus effects fade. What it means— There’s no doubt that consumers are still ordering goods with abandon, as is evidenced by ...