Ho hum so far in ’23?
Well not quite. Stocks climbed 6.2% in January – second best January since 1990 – as a result of good inflation and Fed news, but then declined 2.6% in February,
March 8, 2023
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Well not quite. Stocks climbed 6.2% in January – second best January since 1990 – as a result of good inflation and Fed news, but then declined 2.6% in February,
Good Riddance to 2022 ! The number 2022 has three twos in it, but you might think that with what happened last year it had the curse of three sixes.
For a record seventh time this year, the Federal Reserve has raised rates, this month 0.5%. The chairman of the Fed also indicated they may have another 1% during 2023,
What a year! In just the last 34 days the stock market has risen 12%. But the 56 days prior to that the market dropped 16%. And the 60 days
With the recent increase in interest rates by the Federal Reserve, bank CD rates have risen dramatically. CDs just a few months ago offering less than 1% rates are now
Today, inflation data came out this morning and it was a bit higher than “experts” anticipated. They were expecting prices to hike 8.0% over last year (12 months ago), but