Yesterday, the Federal Reserve released the minutes from its March Federal Open Market Committee meeting. In the section summarizing staff projections, to the surprise of some, the staff explicitly forecasted a recession.
Stock and bond market activity was materially shaken last week as Silicon Valley Bank, the California bank subsidiary of SVB Financial Group, fell into FDIC receivership.
As the long-term effects of the pandemic continue to unfold, one trend that has been adopted by multinational companies is to repatriate their supply chains in an effort to avoid future disruptions.
The debt limit is back in focus as the ceiling was breached again on January 19. The amount is set by Congress and has been increased 78 times since 1960.
There was good news for those saving for retirement in the recent appropriations bill passed to fund the government. The bill included a set of retirement reforms called SECURE 2.0.
Inflation remains the primary concern and for now, the Fed is willing to sacrifice economic growth to get inflation back closer to 2%.
Just for fun: A look at the English Premier League Soccer Kickoff (and Stocks)
The Federal Reserve concluded its two day policy meeting yesterday and announced it was raising its benchmark rate by 0.75%. Here are four observations about yesterday’s rate hike.
On Monday the S&P 500 Index moved into a bear market, finally closing 20% beneath the January 3 high. Here are 7 things to know about bear (and bull) markets.
With the S&P 500 Index in correction territory while the market faces a number of big threats, studying market history for reminders of the benefits of long-term investing can be helpful.
