by Keel Point | Apr 17, 2023 | Articles and Videos
Last week inflation news was encouraging but not sufficiently positive to keep the Fed from tightening another 25 bp at its May 2-3 meetings. Another rate boost, coupled with slowing growth and negative first quarter earnings, will put downward pressure on stock...
by Keel Point | Apr 3, 2023 | Articles and Videos
There is positive inflation news with the February Personal Consumption Expenditures (“PCE”) deflator showing a further drop in inflation. Stock markets reacted positively and closed up for the second month in 2023. February headline and core PCE inflation were 0.3%...
by Steve Skancke, Ph.D. | Mar 13, 2023 | Articles and Videos
After the failure of Silicon Valley Bank (“SVB”) last Friday and Signature Bank on Sunday (yesterday), the U.S. Treasury, FDIC and Federal Reserve are using emergency powers under the systemic risk exception to make whole all depositors, not just those with deposits...
by Keel Point | Mar 6, 2023 | Articles and Videos
With inflation not coming down as quickly as hoped and the global economy holding up better than expected, investors are looking for interest rates to remain higher for longer, resulting in a negative impact in equity markets – the S&P 500 being down 3.2% over the...
