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Financial News for the Week of September 15th, 2023
Financial News Highlights The third quarter is shaping up to be the strongest of the year for the U.S. economy, with GDP tracking 3.7% q/q (annualized). The August reading of CPI showed inflationary pressures accelerated…
Financial News for the Week of September 8th, 2023
Financial News Highlights Hard economic data was thin on the ground over the Labor Day shortened week, with survey indicators and Fed speakers grabbing attention. A slew of Federal Reserve speakers hint that the central…
Financial News for the Week of September 1st, 2023
Financial News Highlights The U.S. economy added 187k jobs in August, but revisions to the two prior months subtracted a notable 110k jobs…
Financial News for the Week of August 25th, 2023
Financial News Highlights Speaking at the Jackson Hole Economic Symposium on Friday, Chair Powell noted that some progress had been made on the inflation…
Financial News for the Week of August 18th, 2023
Financial News Highlights The big news this week was U.S. Treasury yields reaching the highest point since 2007 thanks to a string of positive economic…
Financial News for the Week of August 11th, 2023
Financial News Highlights The U.S. economy had good news on the inflation front this week, as core inflation ticked down in July, even as unfavorable…
Financial Advisor News for the Week of August 4th, 2023
Financial Advisor News Highlights Fitch became the second major credit rating agency to downgrade the U.S. from the top AAA rating, citing the growing fiscal debt burden and an erosion in governance. The U.S. economy…
Financial News for the Week of July 28th, 2023
Financial News Highlights Fed Chair Powell signaled a meeting-by-meeting approach on changes to the fed funds rate, opting to evaluate incoming data and fine-tune interest rates to help temper inflation. The second…
Financial News for the Week of July 21st, 2023
Financial News Highlights Retail sales disappointed market expectations overall in June, but underneath the surface sales in the control group, which are used to calculate consumption, were much stronger, rising 0.6%…
Financial News for the Week of July 14th, 2023
Financial News Highlights Financial markets rallied this week following a string of promising data pointing to easing U.S. inflationary pressures. Inflation as measured by the Consumer Price Index fell to the slowest…