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 ...
Shortest Ever – July 29 2021
Last week, the National Bureau of Economic Research (NBER) finally announced the official dates for the recession that occurred in 2020. Economic activity peaked in February 2020 and bottomed in April ...
Week In Review – July 26 2021
Equities Sell Off, Then Bounce Back… On Monday, U.S. equities had their worst day since October 2020, but they reversed course on Tuesday and have continued marching higher throughout the ...