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 ...
To Peak, or not to Peak July 21 2021
The term “peak growth” has become almost as popular as the Apple TV comedy show Ted Lasso. Peak growth is a catchphrase with the potential to mislead. When the term is applied to the U.S. economy, ...
Week In Review – July 19 2021
Fed Chair Powell Testified to Congress That Inflation is Under Control but “Concerning”… In his regularly scheduled testimony, the Fed Chair noted that prices are higher than expected, but he still ...
There was a gappers’ block in financial markets last week as equity investors slowed to see what the United States Treasury bond market was up to.
U.S. Treasury bonds rallied last week. Yields on 10-year Treasuries dropped from 1.43 percent at the start of the week to 1.27 percent on Thursday. The rally was quite a surprise, reported Randall W. ...