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Will there be a year-end rally?
Last week, there was a lot of speculation about whether the United States will see a year-end stock market rally.…
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Showing remarkable resilience.
Throughout the first half of 2023, the U.S. economy and financial markets proved to be resilient – and so did…
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Unknowns and uncertainty
Financial markets were volatile last week as investors parsed the risks around bank closures, central banks offered additional protections for…
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Thrown for a loop….
Early last week, Federal Reserve Chair Jerome Powell told Congress the Fed is committed to bringing inflation down to 2…
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The vicious cycle of inflation.
Last week, we learned that pay increases at central banks in many parts of the world won’t keep pace with…
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Who Needs Resolutions?
As you near the end of the year, you might already be thinking of New Year’s Resolutions. But we know…
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Here’s a little story about a group called the Fed…
In the 1950’s, then Fed Chair William McChesney Martin described the Federal Reserve as “the chaperone who has ordered the…
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2021 was a fizzing mints-in-soda kind of year.
Everything seemed to shoot higher – from COVID-19 cases and vaccinations to economic growth and global stock markets. Everything except…
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Economists like to joke that inflation is just right when no one notices it.
Last week, investors noticed it. The Consumer Price Index (CPI), which is a measure of inflation, rose 0.9 percent in…
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The road to recovery is slow and bumpy.
Last week, we learned that economic growth slowed in the third quarter as a new wave of COVID-19 surged across…
