A Look into the Markets August has not been kind to bonds and interest rates. Even though the Federal Reserve did not hold a meeting in August and is not slated to raise rates again until the end of September, long-term rates moved higher. Let’s break down what happened and look into the week ahead.…
A Look into the Markets For the past couple of weeks, interest rates remained within a range and haven’t moved higher or lower, seemingly waiting for the next big market event. That event could be next week as Central Bankers around the globe and our Fed Chair Jerome Powell are set to speak at the…
A Look into the Markets This week home loan rates continued to gradually improve since the Fed hiked rates by .75% in both June and July. The elevated chance of a recession and the Fed hiking rates into the slowing economy has pushed rates to the best levels since April. Let’s break down what is…
A Look into the Markets The Federal Reserve raised the Fed Funds Rate by .75% in a widely expected move while home loan rates continue to be well off the highest levels in June. Let’s discuss what the Fed Chair Powell said in his press conference and what it means going forward. “You dropped a…
A Look into the Markets The quiet before the storm. This past week, Fed officials were literally “quiet” with no speeches ahead of next week’s Fed Meeting where a .75% rate hike is widely expected. Let’s discuss what will be an important week ahead. “And I’ve made up my mind, I ain’t wasting no more…
A Look into the Markets This past week we experienced a couple of soaring inflation numbers which has injected new uncertainty surrounding inflation peaks, Fed rate hikes and the likelihood of a recession. Let’s discuss what happened and what to watch for in the coming weeks. “I’m your pain – You know it’s sad but…
A Look into the Markets This past week was filled with “R” words, including the growing fears of a global recession as economic data around the globe points to a slowdown. Let’s discuss what happened and the big events to watch out for next week. “Come on, come on, listen to the moneytalk” – Moneytalks…
A Look into the Markets The Fourth of July, Independence Day or July 4th was first recognized as a federal holiday in June of 1870, but the tradition of the 4th celebrations dates back to the 18th century and the American Revolution. On July 2nd, 1776, the Continental Congress voted in favor of independence, and two days…
A Look into the Markets This past week Federal Reserve Chair Jerome Powell delivered his semi-annual testimony to Congress on Capitol Hill. Let’s walk through what the Chair said and how the financial markets reacted as well. “Help me if you can, I’m feeling down. And I do appreciate you being round” – Help! The…
A Look into the Markets This past week, the Federal Reserve raised the Federal Funds Rate by .75%, the first such hike since 1994. Let’s walk through what the Fed said and how the financial markets reacted heading into the weekend. “You dropped a bomb on me. Baby, you dropped a bomb on me” -…