Archive for August 2023
Weekly Economic Update: August 29, 2023
Presented by Nicholas Wealth Management Mixed signals lead to mixed returns Markets didn’t know which direction to go last week as they tried to decide which had more weight: the…
Read MoreWeekly Economic Update: August 22, 2023
Presented by Nicholas Wealth Management Fed hike remains on the horizon The minutes from the last Federal Reserve meeting were released last week. They showed some Fed members were in favor of…
Read MoreWeekly Economic Update: August 15, 2023
Presented by Nicholas Wealth Management Sticky inflation Inflation, as measured by the consumer price index (CPI), came in at 3.2% year over year for July, up 0.2% from June’s reading of…
Read MoreWeekly Economic Update: August 2, 2023
Presented by Nicholas Wealth Management Another Fed meeting, another rate hike As anticipated, the Federal Reserve increased interest rates by another 25 basis points during last week’s meeting, taking the Fed…
Read More