OPEC Decides to Cut Oil Production – Oil Industry Overview
The Organization of the Petroleum Exporting Countries (OPEC) is a group of nations that are the world’s major oil producers, producing more than half of...
Category: Economy
High Mortgage Rates Scare Away Potential Homebuyers – Housing Market Review
Mortgage rates eclipsed 7% in late October 2022, their highest in over 20 years. This has discouraged countless potential buyers from purchasing a home and...
Elevated Food Inflation Continues – Consumer Demand Dynamics
The most recent measure of food inflation is 8.2%, with 2022 inflation at the highest level since inflation in the 1980s, and the category seeing...
Chinese Exports Weaken, Global Economy Experiences Slowdown – Global Trade
Chinese exports are crucial for nearly all countries around the world and reflect the status of the global economy, whereas now both are experiencing a...
Macro Economic Overview
Markets reacted to indications that the Fed might slow its pace of rate increases heading into the new year. Such a change in monetary policy...
Self-Employed Workforce Falling From Largest In 13 Years – Employment Trends
During the Great Resignation in 2021, when increasingly high amounts of employees quit their jobs, the trend was confidence in the ability to work remotely...
New Global Growth Estimates Point To Slowdown – Global Economic Trends
The July 2022 World Economic Outlook revealed that the global economy’s future is “gloomy and more uncertain.” The key economies of China, Russia, Europe, and...
The Hidden Contribution to Inflation – Monetary Policy
The Fed has increased interest rates by 3% over 3 months, the largest increase since 1982, as a response to the highest inflation in over...
Macro Economic Overview November 2022
The Fed continued on its steepest rate increase since the early 1980s. Political pushback against the Federal Reserve has been building as criticism surrounding the...
Stocks Endure Difficult Third Quarter
Equities across the board were down in the quarter ending September 30th, as the market continues to react to global turmoil and the Fed’s aggressive...