Stocks Hit by Tech Rout as War Jitters Lift Oil… What Does It Mean - A selloff in major technology companies, driven by geopolitical concerns and expectations of a smaller Federal Reserve rate cut, ...
Week In Review – November 1 2022
Third-Quarter GDP Rose 2.6%, Led by a Shrinking Trade Gap… Imports fell 6.9% while exports rose 14.4%, contributing 2.8% to the quarterly GDP growth. What it means— Third-quarter GDP growth wasn’t ...
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 ...
Week In Review – June 20 2022
Fed Raised Overnight Rate by 0.75% and Might Do it Again ... The central bankers raised the federal funds rate (FFR) from a range of 0.75%–1.00% to a range of 1.5%–1.75%. What it means— With ...
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 ...