In late 2021, post-pandemic shipping costs skyrocketed, forcing the prices of containers to become unaffordable for many businesses that rely on importing or exporting products. However, costs have since fallen dramatically and have […]
The SECURE Act 2.0, passed by Congress on December 29 as part of a new 1.7 trillion spending bill, instituted a wide array of changes in retirement planning. While much focus has been […]
As a result of surging fuel costs reflective of OPEC constraints and the Ukraine war, the U.S. government withdrew over 220 million barrels of oil over the course of 2022. The withdrawal caused […]
Major equity indexes were positive year to date at the end of January, with the S&P 500 index up 6.18% as technology-related companies led the gains. The Dow Jones Industrial Index gained 2.83% […]
Inflation became less of a concern in January as the most recent data revealed six consecutive months of falling prices. The most recent inflationary data, as measured by the Consumer Price Index (CPI), […]
With looming recessionary pressures throughout 2022, many corporations reversed their 2021 hiring frenzies. Instead, companies have been opting to slow down hiring, shutter positions, and implement layoffs. In fields such as technology, many […]
Demand for bonds is increasing as investors have a seemingly endless appetite for debt amid signs inflation is cooling and central banks worldwide are slowing their pace of tightening. Yields fell across the […]
Following seven consecutive quarters of double-digit increases in the median sales price of American homes, pending home sales have reached an all-time low as fewer homeowners are looking to sell their homes. The […]
February 2023 (all values as of 1.31.2023) Stock Indexes: Dow Jones 34,086 S&P 500 4,076 Nasdaq 11,584 Bond Sector Yields: 2 Yr Treasury 4.21% 10 Yr Treasury 3.52% 10 Yr Municipal 2.24% High […]
Volatility in the global equity markets led to increased uncertainty surrounding growth and earnings expansion for companies. Inflationary pressures and higher labor costs weighed on stocks, with only two sectors of the S&P […]