Weekly Update 1/1/2023: New Trading Year Begins
According to Bloomberg Economics, the labor market is cooling but only very gradually. That pace is too slow to stop inflation from spreading to various sectors.
Weekly Update 12/30/2022: End of Year
During the last week of the year, there was not a lot of activity on Wall Street.
Weekly Update 12/23/2022: U.S. Economy Continues to Show Signs of Strength & Cooling Inflation
In a bit of positive pre-Christmas good news this week, US consumer confidence rose by more than forecast to the highest since April as inflation eased and gasoline prices dropped.
Weekly Update 12/16/2022: Fed Downshifts and Raises Rates 50 Basis Points as Inflation Shows Signs of Easing
A key gauge of US consumer prices posted the smallest monthly advance in more than a year, indicating the worst of inflation has likely passed and validating an anticipated slowing in the pace of Federal Reserve interest-rate hikes.
Weekly Update 12/9/2022: China Re-opens as Fed Meeting Looms
With the holiday season now in full swing, many traders are looking forward to end of year parties and closing the books on 2022. Nonetheless, the year is not over yet...
Weekly Update 12/2/2022: Fed To Slow Interest Rate Hikes Going Forward as Progress is Being Made on Combatting Inflation
The government’s primary measures of US third-quarter economic activity painted a mixed picture of the economy’s momentum...