Existing Home Sales Fell 1.5% in September, Down 23.8% Over Last Year… The 30-year fixed-rate mortgage now costs more than 7%, over double what it was this time last year. What it means— ...
Week In Review – October 10 2022
The U.S. Created 263,000 Jobs in September… The unemployment rate fell slightly, to 3.5%. What it means— That’s not what investors wanted. A weak jobs report would have supported the notion of a ...
Week In Review – September 6 2022
The U.S. Economy Created 315,000 Jobs in August, as the Unemployment Rate Climbed From 3.5% to 3.7%… The June and August jobs numbers were revised lower by a total of 107,000. What it means— ...
Week In Review – August 15 2022
Consumers Prices Remained Flat in July, Annual CPI Dipped From 9.1% to 8.5%… The Labor Department reported that the inflation rate fell from a 41-year high last month. Core prices excluding food and ...
Week In Review – July 4 2022
Fed Chair Powell Says Defeating Inflation More Important Than Staving Off Recession... In a panel discussion with European bankers, Powell identified price stability as the biggest threat to the U.S. ...