Economy

Medical Positions Represent Highest Paying Jobs Heading Into 2022
The U.S. Bureau of Labor Statistics compiles pay on occupations across various industries and has found that 14 of the nation’s top 20 paying occupations are in the medical field. Psychiatrists, surgeons, and ...

Published On: January 12, 2022Categories: Economy, Industry
Over $1 Trillion Paid Out In Social Security Benefits In 2021
A U.S. Government report compiled and released by the Government Accountability Office (GAO) found that 48 percent of individuals 55 and older had no retirement savings whatsoever. Statistics like this are where the ...

Published On: January 12, 2022Categories: Economy, Financial Planning
Rates Start Their Steady Climb
Various fixed income analysts expect a reversal in downward trending rates as the Fed prepares to start raising short term rates as early as the first quarter of 2022. The Fed is on ...

Published On: January 11, 2022Categories: Economy, Housing Market
Equity Markets Surprised Many in 2021
All sectors of the S&P 500 Index posted gains in 2021, with the energy sector leading, following a dismal outcome in 2020. Real estate, technology and financial sectors were also leading sectors in ...

Published On: January 10, 2022Categories: Economy
Macro Economic Overview
A year after Covid-19 changed the course of travel, socialization, and financial markets, 2021 witnessed a much quicker rebound than had been anticipated. The equity market upswing caught many by surprise as it ...

Published On: January 10, 2022Categories: Economy
Labor Force Participation Rate Still Below Prior To Pandemic
Workers across all age groups are still not willing or able to work as they did before the pandemic. The participation rate is basically the percentage of the population that is either working ...

Published On: December 9, 2021Categories: Economy
Release of Oil Reserves Hasn’t Reduced Gas Prices Much If Any
The administration announced in November that it had authorized the release of 50 million barrels of oil from the strategic petroleum reserve (SPR) in order to help alleviate rising gasoline prices across the ...

Published On: December 9, 2021Categories: Consumer Behavior, Economy
Rates In Flux As Omicron Creates Uncertainty
The renomination of Fed Chair Jerome Powell for another four years is not expected to result in any changes to monetary policy objectives. With the emergence of the new Covid variant, the Fed ...

Published On: December 8, 2021Categories: Economy
Domestic Equities Diverge From International Equities
Global equity markets pulled back at month end as heightened virus fears drove uncertainty. Energy sector stocks saw a reversal from ongoing appreciation throughout the year, yet still stand as the top performing ...

Published On: December 8, 2021Categories: Economy, Industry
Macro Economic Overview – December 2021
The onset of the most recent Covid variant, known as Omicron, stands to stall a global economic resurgence which has been gradual and fragile. The World Health Organization (WHO) reported that the new ...

Published On: December 7, 2021Categories: Economy