Real wages, or workers’ pay adjusted for inflation, have decreased for 26 consecutive months. Even when nominal wage growth has been significant, inflation has surpassed it and diminished workers’ purchasing power for over ...
The restaurant industry continues to experience turbulence that originated with the breakout of the COVID-19 pandemic and the ensuing lockdowns. In 2020, restaurant performance reached historic lows as people suddenly stopped ordering from ...
With hiking mortgage rates and historically high home prices, home sales have seen tumultuous recent months as the supply and demand for houses fluctuate. Recent data show that pending home sales are declining, ...
Continuing inflation concerns have led the Fed to raise rates as the bond market grapples with the increases. Short-term bond yields have risen relative to long-term bond yields as expectations are that interest ...
Many analysts view the recent rise in equities as a momentum rally, meaning that only a few companies have been leading the overall rise in the market. Earnings are becoming extremely critical as ...
Consumer sentiment and spending have remained fairly consistent in recent months. Despite a dip in summer 2022, current consumer sentiment is at a similar level to its values before elevated inflation levels evolved. ...
The average age in the U.S. increased to a historic high in 2022, rising 0.2 years between 2021 and 2022 to reach a median of 38.9 years old. The average age has been ...
Equity markets reacted to uncertainty in June as major indexes saw an increase in volatility. Earnings continue to be a critical focal point as companies struggle to maintain elevated prices while consumer confidence ...
Stock Indexes: Dow Jones 34,407 S&P 500 4,450 Nasdaq 13,787 Bond Sector Yields: 2 Yr Treasury 4.87% 10 Yr Treasury 3.81% 10 Yr Municipal 2.55% High Yield 8.35% YTD Market Returns: Dow Jones ...
Signs of a cooling economy are beginning to radiate throughout the labor market, which saw its highest level of weekly initial jobless claims since October 2021. While unemployment remains fairly low, this is ...