Federal Reserve Raises Rates by 75 Basis Points to Range of 3% to 3.25%… The move was widely expected, but the bankers also raised their estimate of rates for this year and next year. What it ...
Week In Review – July 25 2022
Existing Home Sales Fell 5.4% in June, Are Down 14.2% Over Last Year… Sales dipped to an annualized rate of 5.12 million, the lowest since June 2020. Excluding the pandemic, it was the lowest sales ...
July 2022 Market Letter
Ehhhh, what's up, doc? July 14, 2022 At the End of Q2 2022 – The second quarter could be inserted in Macbeth, Act IV, scene 1 with the witches singing “Double, ...
Week In Review – June 13 2022
Consumer Prices Jumped 1% Last Month and Are Up 8.6% Over Last Year... Inflation came in hotter than expected and reached the highest level since December 1981. What it means— Base effect? What ...
Week In Review – May 16 2022
Inflation Dipped, But Not Much...The Consumer Price Index eased 0.2%, from 8.5% to 8.3%, less than the expected 0.4% drop. What it means— Fed Chair Powell gave the markets a shot in the arm last ...