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Weekly Economic Update: September 25, 2023

September 27, 2023 | Comments Off on Weekly Economic Update: September 25, 2023

Presented by Nicholas Wealth Management He’ll “know it when he sees it” The Federal Reserve didn’t raise rates last week but left the door open for one more rate hike…

Weekly Economic Update: September 18, 2023

September 18, 2023 | Comments Off on Weekly Economic Update: September 18, 2023

Presented by Nicholas Wealth Management Inflation is sticking around The latest consumer price index (CPI) and producer price index (PPI) numbers came in higher than expected last week, signifying that inflation continues to persist.…

Weekly Economic Update: September 12, 2023

September 11, 2023 | Comments Off on Weekly Economic Update: September 12, 2023

Presented by Nicholas Wealth Management The economy is hanging in there Stocks closed lower last week, even as the latest data shows the U.S. is still doing well from an…

Weekly Economic Update: September 5, 2023

September 5, 2023 | Comments Off on Weekly Economic Update: September 5, 2023

Presented by Nicholas Wealth Management No major damage from Jackson Hole Federal Reserve Chairman Jerome Powell’s comments from the Economic Symposium in Jackson Hole, Wyoming, didn’t really change the overall mood of…

Weekly Economic Update: August 29, 2023

August 29, 2023 | Comments Off on 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…

Weekly Economic Update: August 22, 2023

August 22, 2023 | Comments Off on Weekly 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…

Weekly Economic Update: August 15, 2023

August 15, 2023 | Comments Off on Weekly 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…

Weekly Economic Update: August 2, 2023

August 2, 2023 | Comments Off on Weekly 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…

Weekly Economic Update: July 25, 2023

July 25, 2023 | Comments Off on Weekly Economic Update: July 25, 2023

Presented by Nicholas Wealth Management Rally continues as the market anticipates the July Fed meeting Last week was a strong one for the market, even though corporate earnings were mixed.…

Weekly Economic Update: July 18, 2023

July 18, 2023 | Comments Off on Weekly Economic Update: July 18, 2023

Presented by Nicholas Wealth Management Rally continues as inflation drops Markets had a strong week, posting year-to-date highs as we topped 4,500 on the S&P 500. The primary driver for the…

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