The U.S. economy has been performing in a mixed fashion lately. According to the widely held definition (two consecutive quarters of contracting gross domestic
The June inflation figures were very “hot.” The Producer Price Index (PPI) report looked very much like the companion Consumer Price Index data. Producer prices
The nation created 372,000 jobs in June. That figure surpassed the consensus expectation and was almost on par with the solid May total of 384,000. For the
The first six months of 2022 brought a significant correction for stock owners. Indeed, the U.S. stock market recorded its worst first-half performance in more
Inflation has shown little sign of easing. This was evident in the Labor Department’s reports on May consumer and producer prices. The Consumer and Producer
April’s pricing data did little to assuage concerns about inflation. Both the Consumer and Producer Price Indexes came in above expectations, with respective 12
The Federal Reserve raised the benchmark short-term interest rate by one-half a percent (“50 basis points”) at this month’s Federal Open Market Committee (FOMC)
While the U.S. economy contracted by an annualized rate of 1.4% in the first quarter, some other economic indicators have been positive. The headline negative
Stock market volatility picked up during the latter portion of April. This was prompted, in large part, by hawkish monetary policy comments from Federal
First-quarter earnings season did not get off to a rousing start. In fact, the major U.S. banks, including JPMorgan Chase and Goldman Sachs, reported sharp year
There is little relief in sight on the inflation front. The Consumer and Producer Price Indexes for March jumped 8.5% and 11.2% year over year, respectively