Featured Article: The 5 Best Places to See an Untouched Winter Wonderland
The 5 Best Places to See an Untouched Winter Wonderland There’s something undeniably magical about a pristine, snowy winter landscape. Smoke rising from chimneys, the Northern Lights dancing above you, hot cocoa warming your hands while snowflakes…
Financial News for the Week of December 9th, 2022
Highlights Somewhat unexpectedly, the ISM services index accelerated in November, with the business activity sub-index expanding to a level last seen in 2021. The services sector continues to struggle with elevated…
Financial News for the Week of December 2nd, 2022
Financial News Highlights Employment rose by 0.2% month-on-month (m/m) for the fourth consecutive month in November, surpassing expectations for a moderate slowdown in job growth. Core PCE inflation for October eased slightly to 5%…
Financial News for the Week of November 25th, 2022
Financial News Highlights Minutes from the November FOMC meeting showed a sizeable majority of members were receptive to the idea of slowing the pace of rate hikes in the near-term. New home sales jumped 7.5% month-on-month (m/m), far outpacing…
Financial News for the Week of November 18th, 2022
Financial News Highlights Results from the midterm elections showed the Democrats maintained control of the Senate but lost their majority in the House of Representatives. U.S. housing data continue to slide in October, with housing…
Financial News for the Week of November 11th, 2022
Financial News Highlights Republicans look to have won control of the House in this week’s midterm elections. The Senate race remains too close to call. With Washington more divided, major spending and tax changes are less likely, while…
Financial News for the Week of November 4th, 2022
Financial News Highlights The Fed increased the monetary policy rate by 75 basis points to a range of 3.75-4%, opened the door to a slower pace of tightening, while also setting expectations for a higher terminal rate. The ISM…
Financial News for the Week of October 28th, 2022
Financial News Highlights The U.S. economy left behind the declines recorded in the first half of 2022, with GDP growth accelerating to 2.6% (ann.) in the third quarter. The headline was flattered by an outsized contribution…
Financial News for the Week of October 21st, 2022
Financial News Highlights UK policymakers abruptly U-turned on its recently proposed “mini” budget, forcing Prime Minister Liz Truss to resign. Existing home sales fell 1.5% m/m in September to 4.7 million units. Sales have now fallen…
Financial News for the Week of October 14th, 2022
Financial News Highlights This week’s Consumer Price Index report was another disappointing print, as inflation continues to be stubbornly high. Not all of it was bad news as core goods price inflation continued to moderate in September.…