
Market Snapshot – Week Ending May 3rd
As expected, the Federal Reserve kept the Fed Funds rate unchanged at this week’s FOMC meeting. Fed Chairman Powell stated
As expected, the Federal Reserve kept the Fed Funds rate unchanged at this week’s FOMC meeting. Fed Chairman Powell stated
Economic data this week did not move as the Federal Reserve may have wished. The preliminary estimates for first quarter
The equity markets were down for the third week in a row on continued tensions in the Middle East andhawkish
Tensions in the Middle East and a stronger than expected Consumer Price Index (CPI) report put pressureon the markets this
The second quarter started off with positive news on the jobs front as the March non-farm payroll reportcame in with
Data in the last week of the quarter painted a bright picture of the U.S. economy. The Federal Reserve’s preferred
The Federal Reserve’s “dot-plot” was back in the news this week following the March FOMC meeting. While no ratecuts were
Economic data showed a slight pickup in inflationary pressures which may keep the Fed on pause at their FOMC meeting
The equity markets could not hold on to their recent rally and closed with a loss this week. Friday’s better
Despite some mixed economic news this week, the equity markets continued to reach record levels. The Nasdaq and S&P 500