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Weekly Economic Update: June 14, 2023

June 14, 2023 | Comments Off on Weekly Economic Update: June 14, 2023

Presented by Nicholas Wealth Management The bull is back for the S&P 500 Last week was a quiet one for trading, and markets seemed to be holding their breath in…

Weekly Economic Update: June 5, 2023

June 7, 2023 | Comments Off on Weekly Economic Update: June 5, 2023

Presented by Nicholas Wealth Management Done deal! The debt ceiling drama finally ended last week with a deal that seemed to please no one. Of course, that’s the way compromise works —…

Weekly Economic Update: May 30, 2023

May 31, 2023 | Comments Off on Weekly Economic Update: May 30, 2023

Presented by Nicholas Wealth Management Take it to the limit — one more time! “So put me on a highway And show me a sign And take it to the…

Weekly Economic Update: May 22, 2023

May 22, 2023 | Comments Off on Weekly Economic Update: May 22, 2023

Presented by Nicholas Wealth Management More Housing Sector Softness:  Sales of existing homes declined for the second straight month in April, falling 3.4% from the prior month, according to the…

Weekly Economic Update: May 15, 2023

May 15, 2023 | Comments Off on Weekly Economic Update: May 15, 2023

Presented by Nicholas Wealth Management Core Inflation Remains Stubborn:  The U.S. Department of Labor reported last week that the Consumer Price Index (CPI) rose in April by 0.4% over the…

Weekly Economic Update: May 8, 2023

May 8, 2023 | Comments Off on Weekly Economic Update: May 8, 2023

Presented by Nicholas Wealth Management Fed Hikes Again, Hints at Pausing:  The Federal Reserve last week raised the target for its interest rate benchmark, the federal-funds rate, by another quarter…

Weekly Economic Update: May 1, 2023

May 1, 2023 | Comments Off on Weekly Economic Update: May 1, 2023

Presented by Nicholas Wealth Management Federal Reserve Raises Rates by 0.25% The Federal Reserve announced Wednesday that it was raising its key federal funds rate by 0.25% to more than…

Weekly Economic Update: April 24, 2023

April 24, 2023 | Comments Off on Weekly Economic Update: April 24, 2023

Presented by Nicholas Wealth Management Leading Economic Indicators Continue Falling: The Conference Board announced last week that its Leading Economic Index (LEI), a composite of ten U.S. economic indicators intended…

Weekly Economic Update: April 17, 2023

April 17, 2023 | Comments Off on Weekly Economic Update: April 17, 2023

Presented by Nicholas Wealth Management Mixed Inflation Report for March: The U.S. Department of Labor reported last week that the Consumer Price Index (CPI) rose in March by 0.1% over…

Weekly Economic Update: April 10, 2023

April 10, 2023 | Comments Off on Weekly Economic Update: April 10, 2023

Presented by Nicholas Wealth Management Slowest Monthly Jobs Increase in Two Years: The Labor Department reported last week that employers added 236,000 jobs in March. While this was consistent with…

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