Financial News for the Week of February 17th, 2023
Financial News Highlights The week’s data reminded markets that inflation is far away from the Fed’s target. Both headline and core CPI came in on par with expectations, but details suggest that disinflationary…
Featured Article: Dream Retirements Reconsidered
Dream Retirements Reconsidered When deciding on the ideal place for retirement, a little homework can spare you a lot of headaches. By Christine D. Moriarty When it comes to retirement, people often get caught up in the illusion, rather than the…
Financial News for the Week of February 9th, 2023
Financial News Highlights Since last Friday’s blockbuster employment report, market pricing on the peak fed funds rate has firmed to 5.25%. This aligns to the FOMC’s December projections, though markets still foresee…
Financial News for the Week of February 3rd, 2023
Financial News Highlights The Federal Reserve hiked the fed funds rate 25 basis-points, a step down from six consecutive hikes of 50 or 75 bps. Non-farm payrolls accelerated in January for the first time in five months,…
Financial News for the Week of January 20th, 2023
Financial News Highlights Markets finished the week lower on weaker economic data and rising political risks. December retail sales registered the biggest monthly decline in 2022, finishing the fourth quarter flat.…
Featured Article: 401k and Retirement Changes
The 401(k) and IRA Changes to Consider After Congress Revised Many Retirement Laws New policies for retirement saving would go into effect immediately or in the New Year Americans will need to rethink how they save after Congress passed a series…
Financial News for the Week of January 13th, 2023
Financial News Highlights After fifteen rounds of votes, Kevin McCarthy was elected the new House Speaker. However, it didn’t come without making major concessions, setting the stage for more political…
Financial News for the Week of January 6th, 2023
Financial News Highlights The labor market cooled modestly in December, with 223k new jobs added and the unemployment rate ticking back down to 3.5%. The House of Representatives failed to elect a…
Financial News for the Week of December 16th, 2022
Financial News Highlights The FOMC downshifted its tightening race in December, raising the policy rate by 50-bps, bringing the operating band to 4.25%-4.5%. The FOMC’s Summary of Economic Projections showed a less optimistic…
Featured Article: The 5 Best Places to See an Untouched Winter Wonderland
The 5 Best Places to See an Untouched Winter Wonderland There’s something undeniably magical about a pristine, snowy winter landscape. Smoke rising from chimneys, the Northern Lights dancing above you, hot cocoa warming your hands while snowflakes…