Markets were shaken last week by a potent cocktail of central bank tapering and economic growth concerns mixed with coronavirus and a splash of the new Chinese privacy law. On Wednesday, the ...
Week In Review – August 23 2021
Fed Minutes of July Meeting Show Consensus for Tapering This Year, Sending Markets Lower… The minutes from the last Federal Reserve meeting at the end of July showed a broad agreement among the ...
Week In Review – August 18 2021
Consumer Prices Rose 0.5% Last Month and 5.4% Over the Last Year… The monthly inflation gain eased from the 0.9% pace in June, but annual inflation remained stubbornly high, at the same rate as last ...
Are We There Yet?
For months, investors have wondered when the Federal Reserve (Fed) might begin to “normalize” its policies, a process that will eventually lead to higher interest rates. Last week, a ...
Week In Review – August 9 2021
The U.S. Economy Created 943,000 Jobs in July… Also, the U.S. Bureau of Labor Statistics revised the jobs numbers for May and June higher by a total of 119,000 and the unemployment rate fell from 5.9% ...