
The Wild Ride Continues...
Last week, hopes were high that May's inflation report would show signs that prices were beginning to stabilize. Those hopes were ceremonially dashed as the consumer price index climbed higher.
Last week, hopes were high that May's inflation report would show signs that prices were beginning to stabilize. Those hopes were ceremonially dashed as the consumer price index climbed higher.
There is no way to sugar coat it - 2022 has been a brutal investment environment. The S&P 500 has registered seven straight weeks of negative returns.
Putin views Ukraine as a strategic territory in re-establishing Russia’s Soviet-era geopolitical clout, but the Ukrainian resistance has been steadfast.
The start of the year has been an ornery one for the market so far. Last week was particularly volatile as markets swung forcefully in both directions.
The debt ceiling stand off is behind us, or is it? Last week's fix lasts until December 3rd. With $4.5 trillion in bills being debated, the debt ceiling is a bargaining chip again.
In June, consumer prices surged 5.4%, the sharpest increase since July 2008.