Stocks Advanced this week on Debt Ceiling Talks and Regional Bank Stability… President Biden cut his trip to Asia short to attend the debt ceiling talks, and some regional banks reported expanded ...
Week In Review – May 16 2023
Consumer Prices Up 0.4% Last Month, Up 4.9% Over Last Year… Per the Consumer Price Index (CPI), core consumer prices, excluding food and energy, rose 0.4% last month and were up 5.5% over the last ...
Week In Review – May 8 2023
The U.S. Economy Created 253,000 Jobs in April, Well Above the Estimate of 180,000… The unemployment rate remained unchanged, at 3.4%. What it means— It’s time for revisionist history. While the ...
Week In Review – April 24 2023
March Existing Home Sales Down 2.4% From February, Down 22% Over Last Year… Existing home sales fell more than expected, as mortgage rates inched higher and supply remained low. What it means— It’s ...
Week In Review – January 23 2023
Retail Sales Fell 1.1% in December, Led Lower by Falling Auto and Gasoline Sales… While retail sales were up 6% in 2022, they ended the year on a down note. What it means— Meh, probably not much. ...