The Beige Book is a report published by the Federal Reserve System that provides information about current economic conditions across the 12 Federal Reserve Districts nationwide. This past month, data revealed that economic ...
Stocks eluded an age old adage to “sell in May and go away”, as equity indices outperformed for the month. Domestic equities defied uncertainty created by the Fed as volatility drove stocks higher ...
Consumer loan balances are increasing due to a combination of factors, including rising interest rates, inflation, and changes in consumer behavior. As the Federal Reserve has raised interest rates to combat inflation, higher ...
Mixed data sent equity and bond markets into uncertainty, as economic expansion appears to be cooling, yet inflation remains a burden for consumers nationwide. The labor market also seems to be cooling, as ...
(all values as of 05.31.2024) Stock Indexes: Dow Jones 38,686 S&P 500 5,277 Nasdaq 16,735 Bond Sector Yields: 2 Yr Treasury 4.89% 10 Yr Treasury 4.51% 10 Yr Municipal 3.11% High Yield 7.84% ...
Even as inflation and higher rates have been an ongoing hinderance, consumers remain resilient and continue to spend. The reasoning behind the confidence and tenacity of consumers is believed to be what is ...
Prosperity and growth of a country is contingent on the health and expansion of its population. A measure of growth which eventually leads to a population demanding food, clothing, medicine, and other necessary ...
Homeowners nationwide are grappling with surging insurance costs and worse, coverage cancelations. Insurance companies are becoming much more defensive as claims for property damage have soared over the past few years. Damage resulting ...
The country is composed of millions of small businesses from home-based one person consultants to hair salons and manufacturing companies. As defined by the SBA’s Office of Advocacy, a small business has less ...
Bond yields and interest rates stalled in April, as the Fed announced that it wasn’t yet ready to begin reducing rates. Geopolitical tensions in the Middle East also affected Treasury bond yields, as ...