Fed Chair Powell Says Central Bank Will Stay the Course… In his testimony to Congress, Powell said that the central bankers want to see substantial progress in the labor market and inflation near its ...
Week In Review – February 2302021
Texas Suffers a Deep Freeze That Pushes Energy Offline… The Lone Star State experienced historically low temperatures that brought some of the nation’s energy complex to a halt as refiners shut down ...
Week In Review – February 15 2021
Oil Prices Push Inflation Up 0.3% in January… Even with the gains last month, annual inflation remained steady at 1.4%. What it means— The cost of gasoline shot up 7.4% last month, as energy prices ...
Week In Review – February 8 2021
The U.S. Economy Created 49,000 Jobs in January… The modest gains were very close to the expected gains of 55,000 jobs. What it means— The unemployment rate dropped 0.4%, from 6.7% to 6.3%. While ...
2021 Feb 1 Thinking of Markets
It is common for people watching the same event often to see different things. That’s why detectives separate witnesses when gathering statements. That seems to have been the case last week when share ...