by Service2Client | Oct 1, 2021 | Blog, Stock Market News
According to the Sept. 8, 2021, release of the Federal Reserve’s Beige Book, the U.S. economy is facing many headwinds.The report found that restaurants and the travel sector saw a drop in activity. Home and auto sales were low because of fewer available houses...
by Service2Client | Sep 1, 2021 | Blog, Stock Market News
As the U.S. Census Bureau reported on Aug. 17, retail sales fell by 1.1 percent during July compared to the revised June retail sales figures. This is in contrast to an increase of 20.6 percent between May and July and a 15.8 percent increase for the year-over-year...
by Service2Client | Aug 1, 2021 | Blog, Stock Market News
According to the U.S. Energy Information Administration’s Short-Term Energy Outlook, the June price of $73 per barrel for Brent Crude Oil was up by $5 per barrel over May. With more vaccinations being rolled out, uncertainty over OPEC+’s production moves,...
by Service2Client | Jul 1, 2021 | Blog, Stock Market News
The June 16 Federal Open Market Committee (FOMC) meeting Q&A session with Chairman Jay Powell and recent comments from The Fed have signaled two potential inflation rate hikes in 2023. Two days later, James Bullard, president of the Federal Reserve Bank of St....
by Service2Client | Jun 1, 2021 | Blog, Stock Market News
With the economy reopening and more Americans receiving COVID-19 vaccinations, the economy is expected to be operating on all cylinders. However, some economists and market analysts are afraid The Federal Reserve may create a “taper tantrum” if and when it...
by Service2Client | May 1, 2021 | Blog, Stock Market News
Based on data from the Federal Reserve Bank of St. Louis, the spread between the 10-year and two-year constant maturity Treasury rates increased by 66 basis points – from 0.48 percent in July 2020 to 1.14 percent by February 2021. Due to the Federal...
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