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 ...