The Future of US Interest Rates: Striking a Balance
The chief of the New York Federal Reserve recently addressed the current state of the US interest rate, emphasizing that it has reached or is close to its peak level.…
Energy Companies Feel Effects of Inflation, but Hold Steady
Shares of energy companies experienced a slight dip in the market, although not as significant as the overall decline. This sector is still considered a beneficiary amidst another wave of…
Resilience of Canadian Consumers Faces Challenges
The resilience of Canadian consumers has been put to the test as the first half of the year came to a close. This suggests that consumption is no longer driving…
Housing Costs Driving Inflation Higher
Housing costs continue to contribute significantly to inflation, even as rent growth moderates. According to the Bureau of Labor Statistics, shelter inflation accounted for 90% of the consumer price index's…
The Federal Reserve’s New Outlook on Monetary Policy
The Federal Reserve has taken a different approach when it comes to providing guidance on monetary policy. They are now acknowledging that the state of the U.S. economy is uncertain,…
Consumer Outlook Brightens as Economic Data Shows Positive Signs
Retailers and other consumer companies experienced a boost in the market, with consumer discretionary stocks leading the charge. This surge was fueled by a series of positive economic data. One…
UK Inflation Drops to Lowest Level in Over a Year
The pound has fallen back below $1.30, UK government bond yields have dropped sharply, and London's equity futures have jumped following the release of data that shows Britain's inflation has…
Potential Strike Looms Over UPS and Teamsters Union
United Parcel Service (UPS) and the Teamsters union are faced with a looming deadline. With just two weeks remaining, the pressure is on for both parties to reach a deal…
U.S. Stocks Reach New Highs as Inflation Data Softens
U.S. stocks reached fresh closing highs on Wednesday as the inflation data for June came in softer than expected. The Nasdaq 100 (NDX) recorded its highest close since January 14,…
Treasury Yields Rise After Slowing Inflation
Treasury yields were on the rise on Friday following a day of significant drops as signs of slowing inflation emerged. Yield Movement The yield on the 2-year Treasury TMUBMUSD02Y, 4.636%…
The Consumer Price Index and Inflation
The consumer price index (CPI) is a vital tool in evaluating the impact of inflation on everyday necessities such as food, gas, rent, and other essentials. By analyzing the fluctuations…
Fluctuating Employment Data Leaves Uncertainty in the Air
A series of employment data releases in the United States has left investors in a state of confusion regarding the Federal Reserve's future monetary policy. However, with next week's release…