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Weekly Outlook: Economics and Geopolitics
Happy Sunday! An action-packed week lies ahead for markets. Major economic news will be released throughout the week. Most noteworthy will be employment numbers including the ADP employment report, unemployment rate, and jobless claims. On top of this, there will also be further information on inflation. On Thursday, investors will be keeping a close eye…
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Economic News Reflection
The past couple of weeks have been filled with pivotal economic data in a very uncertain time. On one side, inflation continues to jump. With prices rising so rapidly, it is no surprise that US consumer sentiment dropped to 59.4, the lowest since 2011. The Federal Reserve has also been taking a hawkish tone in…
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The Fed Hikes Rates
For the first time since back in 2018, the Federal Reserve has increased the key benchmark interest rate by 25 basis points. It is worth noting that in 2018, the S&P 500 had a year-end return of -6.24%, which was the worst return since the 2008 financial crisis. Looking at this, it appears that Wall…
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Weekly Outlook: Uncertain Times Ahead?
