Weekly Economic Update: March 28th, 2022

Presented by Nicholas Wealth Management March 28th, 2022   Weekly Market Update In this week’s recap: Confidence grows in a resilient economy. With growing confidence in the economy’s resilience, stocks posted another week of solid gains. The Dow Jones Industrial Average rose 0.31%, while the Standard & Poor’s 500 advanced 1.79%. The Nasdaq Composite index…

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Federal Reserve Update

Last week the Federal Reserve increased the federal funds rate by 25 basis points (0.25%), with an additional 6 rate hikes expected in 2022. This is the first-rate increase by the Fed since 2018. We followed the market reaction as Federal Reserve chairman Jerome Powell first announced the rate hike last week. There was higher…

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Weekly Economic Update: March 22nd, 2022

Presented by Nicholas Wealth Management March 22nd, 2022   Weekly Market Update In this week’s recap: Stocks rally in the face of a changing landscape. With the Fed embarking on a new course of monetary tightening amid continued fighting in Ukraine, stocks staged a powerful, broad-based rally last week.  The Dow Jones Industrial Average jumped…

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Weekly Economic Update: March 15th, 2022

Presented by Nicholas Wealth Management March 15th, 2022   Weekly Market Update In this week’s recap: Ukrainian War impacts the global economy. Intensifying hostilities in Ukraine continued to unsettle markets, as investors grappled with the war’s impact on the global economies.  The Dow Jones Industrial Average lost 1.99%, while the Standard & Poor’s 500 dropped…

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Weekly Economic Update: March 8th, 2022

Presented by Nicholas Wealth Management March 8th, 2022   Weekly Market Update In this week’s recap: Ukrainian War places new stress on the economy. War in Ukraine weighed on stocks as investors assessed the economic impact of continued hostilities, expanding economic sanctions, and potentially higher inflation due to rising oil prices and new stresses on…

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