December 16th, 2022 Hopes were dashed for a year-end Santa rally as a series of economic reports painted a mixed outlook for the economy. Markets rallied early in the week as November’s CPI report showed inflation shifting lower month-on-month, bringing some much need relief to inflation-weary consumers. However, the market’s momentum stalled on Wednesday as…
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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…
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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…
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