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 ...
Week In Review – July 26 2021
Equities Sell Off, Then Bounce Back… On Monday, U.S. equities had their worst day since October 2020, but they reversed course on Tuesday and have continued marching higher throughout the ...
Week In Review – May 10 2021
U.S. Economy Created 266,000 Jobs in April, Well Below Forecast… Analysts forecast that the economy would create more than one million jobs. The unemployment rate ticked up slightly from 6.0% to ...
Week In Review – May 3 2021
First-Quarter GDP Up 6.4%… This was the second-fastest GDP growth since 2003, trailing only the third quarter of last year after the disastrous second quarter of 2020. What it means— The median ...
Week In Review – April 19 2021
Federal Reserve Chair Powell Provided Guidance, Will Taper Bond Purchases Before Raising Rates… When speaking to the Economic Club of Washington about reducing bond purchases, Powell said, “That would ...