Third-Quarter U.S. GDP Grew at an Annualized Rate of 4.9%… In a surprise to many economists (but not the Atlanta Federal Reserve GDPNow model), the U.S. posted some of the best numbers in a decade, ...
Week In Review – October 16 2023
Hamas Invades Israel, Slaughters Civilians, and Takes Hostages… So far, the Israeli government has reported more than 1,200 dead, 2,000 wounded, and 100 hostages. What it means— There’s a lot to ...
Week In Review – October 2 2023
Government Shutdown was Set for Saturday Night... Until the House authorized spending, the federal government was to shut down at the end of the fiscal year on September 30. What it means— A 45-day ...
Week In Review – September 18 2023
The Consumer Price Index Popped Up From 3.2% to 3.7%, Led Mostly by Energy… Investors took the increase in a non-core category as a good sign. What it means— We’re not sold. Over the past 15 ...
Week In Review – August 14 2023
Consumer Prices Rose 0.2% in July, Are Up 3.2% Over Last Year… Core inflation also rose 0.2% last month and is up 4.7% over last year. What it means— Annual inflation rose a bit last month while ...