The Federal Reserve Cut Interest Rates 0.25%... The Fed Funds rate now stands at 1.75% to 2.00%. What it means – The vote was 7 to 3, which isn’t great. Two of the dissenters wanted to hold rates ...
Week In Review – September 16 2019
Retail Sales Rose 0.4% in August... The print doubled expectations of 0.2% growth and was largely driven by auto sales. What it means – Last month, retail sales rose an impressive 0.8%. If you ...
Week In Review – September 10 2019
The U.S. Economy Created 130,000 Jobs in August... The unemployment rate remained steady at a very low 3.7%. What it means – Bad news is once again good news. The jobs number missed the low end of ...
Week In Review – September 3 2019
Trump Trade War Show Continues… Last Friday, President Trump responded to retaliatory tariffs by the Chinese by raising the tariffs he’d already declared, and ordering companies doing business in ...
Week In Review – August 19 2019
Recession Fears Drive Equities Lower... The inverted yield curve and heightened trade war rhetoric raised investor fears of a recession, leading to losses on Wall Street. What it means – There ...