Short Term Rates Remain Higher Than Long Term Rates – Fixed Income
40-year highs in inflation and Federal Reserve rate hikes played havoc on bonds throughout 2022, sending short and long terms rates to levels not seen...
Category: Economy
More People have Grim Outlooks on their Financial Situations – Consumer Expectations
With high inflation and a recessionary environment being landmarks of 2022, many households have started to doubt the economy. Going further back to the start...
Life Insurance Payouts Pass a Record $100 Million – Insurance Overview
As the effects of the COVID-19 pandemic continue to unravel, life insurance payouts for 2021 now show just how extraordinary the deaths recorded were. While...
Macro Economic Overview
Global equity and fixed-income markets navigated through a volatile environment as 2022 unfolded to be a challenging year. The Russian invasion of Ukraine, rising interest...
World Population Surpasses 8 Billion – Global Demographics
In 1804, the world’s population reached 1 billion people. In 1927, over a century later, it reached 2 billion. Now, just 11 years after it...
Unemployment Rate is Expected to Rise Heading Into 2023 – Labor Market Update
In September 2022, the unemployment rate hit 3.5%, its lowest point since the start of the pandemic. However, new Fed forecasts predict the unemployment rate...
Some Reprieve as Rates Fall Modestly – Fixed Income Overview
With the new year approaching, the Fed is expected by many analysts to begin slowing its rate hike trajectory. Currently, the Fed Funds Rate range...
OPEC Decides to Cut Oil Production – Oil Industry Overview
The Organization of the Petroleum Exporting Countries (OPEC) is a group of nations that are the world’s major oil producers, producing more than half of...
High Mortgage Rates Scare Away Potential Homebuyers – Housing Market Review
Mortgage rates eclipsed 7% in late October 2022, their highest in over 20 years. This has discouraged countless potential buyers from purchasing a home and...
Elevated Food Inflation Continues – Consumer Demand Dynamics
The most recent measure of food inflation is 8.2%, with 2022 inflation at the highest level since inflation in the 1980s, and the category seeing...