Unemployment Claims On The Rise
Unemployment claims reached their highest level since late November 2021, and have steadily increased throughout the year. As of the week ending on August 6th,...
Category: Economy
The Fed’s Continuous Increase Of The Fed Funds Rate
The Fed Funds Rate, which is controlled by the Federal Reserve Board (also known as the Fed), is the interest rate at which banks charge...
Housing Affordability Series 1 of 2: Rising Mortgage Rates Deter New Buyers
The 30-year conforming mortgage rate has a profound effect on the prices of homes and the rate at which interest is collected on mortgages. This...
Euro and Pound Plummeting in Value to the Dollar
The European economy is currently experiencing turbulence due to the Ukrainian conflict and Russian supply cuts. On the other hand, high-interest rates have increased the...
Macro Economic Overview
Financial markets were distraught during the third quarter as rising rates, inflation, and slowing economic activity hindered major equity indexes. Dramatic tax cuts implemented in...
Wage Increases Don’t Necessarily Mean More Money in Your Pockets
A jump in inflation could mean that even with a pay raise, you could have less money in your pocket. To evaluate wages, there are...
Social Security Cost of Living Adjustment Sees Huge Jump
Many rely on Social Security and the annual increases known as the Cost of Living Adjustment (COLA) to keep up with inflation. The Cost of...
Fixed Income Update
U.S. Treasury bond yields rose in August, with the 10-year Treasury ending the month with a 3.15% yield. Treasury bond yields flattened as well, with...
Equity Review
U.S. equities began August in rebound mode but reversed course to end the month in negative territory. Continued Fed rate hikes and recession fears weighed...
Macro Economic Overview
Recession fears pressed on markets as equities pulled back from a mid-summer rally that many analysts suspect was short-lived. U.S. equities began August in rebound...