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Is the economy doing well, or not?
If you skimmed the headlines last week, you may have seen that retail sales – the purchases we make from…
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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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Investors were feeling bullish.
Last week, the Standard & Poor’s 500 (S&P 500) Index closed at a record high for the 68th time this…
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Stock and bond markets diverged.
Last week, the Bank of England surprised markets with a rate hike, its first in three years, and the…
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Inflation met expectations.
When the Bureau of Labor Statistics released the Consumer Price Index (CPI) last week, it showed that inflation was at…
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Investors look to the future.
Last week, employment and manufacturing data confirmed that the United States economy continued to strengthen in November, but positive economic…
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COVID-19 strikes again.
Coronavirus cases have been on the rise in Europe, climbing from about 700,000 new cases a week in September…
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Thinking about the possibilities.
The Standard & Poor’s (S&P) 500 Index finished last week slightly higher and has gained about 6 percent during the…
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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…
