December 9th, 2022 Growing recession fears rattled markets this week as investors fretted over whether the Federal Reserve’s on-going tightening policy will lead to lower demand for goods and services. Consumers have continued to spend despite higher prices, but they are increasingly being forced to be more economical, and use savings, in recent months as…
Read More
December 2nd, 2022 Mixed signals on the economy and from the Fed kept traders guessing this week following the Thanksgiving holiday. Monday saw stocks open in the red over concerns that China’s Covid restrictions and widening protests could once again disrupt supply chains and add to inflationary pressure on consumer goods. Wednesday’s Q3 GDP revision…
Read More
November 18th, 2022 With a slow Thanksgiving week just ahead, investors had their hands full this week contending with a series of key economic reports and a parade of Fed official speeches. Tuesday’s producer price report confirmed the softening trend in inflation seen in last week’s CPI report. This initially launched markets higher on the…
Read More