The proposed tariff plan announced by former President Trump has reignited debates about trade policy and its ripple effects on the economy and financial markets. Tariffs typically increase costs for businesses that rely on imported goods, leading to potential price hikes for consumers. This can suppress demand for products and impact revenue growth for companies […]
Read MoreFeatured Content The Federal Funds Effective Rate is the primary interest rate in the U.S., influencing various aspects of the economy and the stock market. Set by the Federal Reserve, this rate dictates the interest banks charge each other for overnight loans, impacting everything from credit card rates to mortgage costs. Currently, the Federal Reserve […]
Read MoreFeatured Content The recent rise in oil and food prices has become a crucial topic for stock investors in the United States. Oil prices have surged due to global supply issues, geopolitical tensions, and production cuts. Higher oil costs impact not only energy companies but also transportation, manufacturing, and agriculture, where energy is essential for […]
Read MoreFeatured Content In today’s economic landscape, investors in the United States face three key factors shaping their strategies. The economy is showing resilience, supported by solid consumer spending and easing inflation. The growth rate, recently reported at an annualized 2.8%, indicates that consumers are continuing to spend despite inflationary pressures easing. This environment bodes well […]
Read MoreFeatured Content Economic Update In October, the U.S. labor market saw its weakest growth since December 2020, with non-farm payrolls increasing by only 12,000, far below the 113,000 predicted by economists. This decline is attributed to the impact of hurricanes hitting the southern coast and widespread industrial actions, including a significant strike at Boeing. Revisions […]
Read MoreFeatured Content In October 2024, the U.S. economy added 12,000 nonfarm payroll jobs, a significant decline from September’s revised gain of 223,000. This slowdown is primarily attributed to disruptions from Hurricanes Helene and Milton, which affected the Southeast and Florida, and labor strikes, notably in the aerospace sector. Despite these challenges, the unemployment rate remained […]
Read MoreFeatured Content The latest U.S. economic indicators reveal moderate growth and key data releases expected this week. The economy expanded by 2.8% in Q3, slightly below the projected 3.1%, indicating resilience yet a cautious outlook. This aligns with ongoing high-interest rates aimed at curbing inflation. Key indicators due for release include the Fed’s preferred inflation […]
Read MoreFeatured Content Mortgage rates are on an upward trend, hitting highs not seen since July. This week marks the fourth rise in rates over the past five weeks, which has led to a flat mortgage application volume and a significant pullback in refinancing. According to the Mortgage Bankers Association, the average interest rate for 30-year […]
Read MoreFeatured Content Larry Fink, CEO of BlackRock, recently weighed in on the Federal Reserve’s approach to interest rate cuts, suggesting that the market may be overestimating how much the Fed will ease monetary policy. Fink, a significant figure in global finance leading BlackRock’s trillions in assets, highlighted the resilience of the U.S. economy despite sustained […]
Read More(Bloomberg) — The latest reading of the US labor market on Friday is expected to show job growth on more of the downward glide path sought by Federal Reserve policy makers in their fight to beat back inflation. Payrolls are projected to have risen about 200,000 in November, a second month of decelerating gains. Such […]
Read More(Bloomberg) — On the most optimistic corners of Wall Street, promising inflation data over the past week or so suggest the Federal Reserve may accomplish a soft landing after all. Yet no such belief prevails among the big money managers, who are betting that an economic downturn riddled with still-hot price pressures will define trading […]
Read More(Bloomberg) — The dollar has notched up its worst week since the early days of the Covid pandemic, but analysts think a long-running stampede for the greenback might not be over just yet. The Bloomberg Dollar Spot Index slumped around 3.5% this week, its biggest loss since March 2020. Investors had been trimming bets on […]
Read More(Bloomberg) — The Federal Reserve “hasn’t accomplished anything” in loosening the US labor market even after four consecutive 75-basis-point hikes, former New York Fed President Bill Dudley said. Friday’s jobs report showing a 261,000 gain in payrolls and a slight uptick in unemployment in October is “not consistent with a loosening labor market,” Dudley, chair […]
Read More(Bloomberg) — A strong dollar is likely to weigh negatively on the US economic outlook and could alter how high the Federal Reserve ultimately raises interest rates, economists surveyed by Bloomberg said. Nearly half of the economists said that international fallout from a strong dollar was either somewhat likely or very likely to spill back […]
Read More(Bloomberg) — Profits and losses aren’t usually thought of as a consideration for central banks, but rapidly mounting red ink at the Federal Reserve and many peers risks becoming more than just an accounting oddity. The bond market is enduring its worst selloff in a generation, triggered by high inflation and the aggressive interest-rate hikes […]
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