The Federal Reserve Will Hold Monetary Policy Steady for ‘Some Time’… The bankers noted that the economy is rebounding faster than expected and inflation will likely top the 2% target this year, but ...
Week In Review – March 8 2021
The U.S. Economy Created 379,000 Jobs in February… The unemployment rate dropped one tick, from 6.3% to 6.2% . What it means— The big gains were in the private sector, which added 465,000 jobs ...
Week In Review – February 15 2021
Oil Prices Push Inflation Up 0.3% in January… Even with the gains last month, annual inflation remained steady at 1.4%. What it means— The cost of gasoline shot up 7.4% last month, as energy prices ...
2021 Feb 1 Thinking of Markets
It is common for people watching the same event often to see different things. That’s why detectives separate witnesses when gathering statements. That seems to have been the case last week when share ...
Week In Review – December 21 2020
Initial Jobless Claims Jump Again, From 862,000 to 885,000… Initial jobless claims moved the wrong direction again, missing forecasts of a 44,000 drop and instead rising by 23,000. What it means— ...