Weekly Economic Updates

The Markets (as of market close September 30, 2022) Wall Street ended a very tepid month of September on a downswing. Each of the major benchmark indexes lost value last week, as traders continued to worry about the impact the… Read More

The Markets (as of market close September 23, 2022) Traders endured their second harrowing week in a row as the Federal Reserve continued to raise interest rates aggressively to combat inflation. New signs of slowing global growth and Russia’s threats… Read More

The Markets (as of market close September 16, 2022) Inflation is still rising, albeit at a slower pace, according to the latest data out last week. This will likely support further interest rate increases from the Federal Reserve and worries… Read More

The Markets (as of market close September 9, 2022) Are investors accepting the Federal Reserve’s hawkish path to reduce inflation? Last week’s market performance may lend credence to that possibility, as each of the benchmark stock indexes posted solid gains,… Read More

The Markets (as of market close September 2, 2022) Equities suffered losses for the third consecutive week, as traders anticipated continued aggressive moves by the Federal Reserve to combat inflation. The S&P 500 extended its longest losing streak since mid-June…. Read More

The Markets (as of market close August 26, 2022) Despite evidence that inflation may be slowing, the central bank is committed to fighting inflation, according to last Friday’s speech from the Federal Reserve. Wall Street may have held out hope… Read More

The Markets (as of market close August 19, 2022) The four-week rally for stocks came to an end last week. Traders turned cautious after Fed officials continued to support more interest-rate hikes. All major benchmark indexes lost ground, with the… Read More

The Markets (as of market close August 12, 2022) The stock market posted its fourth straight weekly advance, the longest consecutive weekly rally of 2022. Investors turned to stocks on the premise that the Federal Reserve may reduce the pace… Read More

The Markets (as of market close August 5, 2022) Stocks closed last week generally higher. A surprisingly strong labor report for July helped alleviate recession fears, but opened the door to more interest-rate hikes from the Federal Reserve as it… Read More

The Markets (as of market close July 29nd, 2022) Positive economic news and corporate earnings data helped drive stocks higher last week. Although the Federal Reserve hiked interest rates another 75 basis points, investors may expect subsequent rate increases to… Read More