Consumer Prices Rose 0.6% Last Month and 5% Over the Past Year… Core inflation rose 0.7% for the month, 0.1% more than headline inflation and 3.8% over last year. What it means— Cars were the ...
Market Commentary – June 9 2021
Pulling the economy out of the shed. If you’ve ever stored tools or machinery in a shed or garage for an extended period of time, you know they often need some care and repair to function properly. ...
Week In Review – June 7 2021
The U.S. Economy Created 559,000 Jobs in May, Missing Expectations of 664,000… The unemployment rate unexpectedly dropped from 6.1% to 5.8%. What it means— Missing the estimate by around 100,000 ...
Week In Review – May 24 2021
Federal Reserve Minutes Spook the Markets… The Federal Reserve released the minutes from its April meeting. While the bankers appeared to take a balanced view of the economy, already-nervous investors ...
Week In Review – April 26 2021
Initial Jobless Claims Fall to 547,000… For the second consecutive week, less than 600,000 people filed for initial jobless benefits. What it means— Before the pandemic, the record high for initial ...