The end of the year saw housing starts fall short of expectations. Meanwhile, consumer spending skyrocketed heading into the holiday season. After November surpassed October’s 30-year inflation high, the Fed planned to expedite its timeline for tapering bond purchasing. Finally, analysts expect to see plenty of volatility in mortgage markets towards the end of December […]
Consumer Spending
August 2020 Market Updates
After many states had moved towards phased reopenings of their respective economies, many are now preparing to hunker back down as COVID numbers rise and uncertainty continues to prevail. Nonetheless, July brought plenty of good news throughout the market. Overall, the United States economy appears to be recovering quicker than originally expected. Service Sector Excels […]
July 2020 Market Updates
With states easing restrictions on the economic shutdown, job gains and consumer activity have surged. The Fed has added to that further news regarding their activity in the treasury and mortgage markets. Although May and early June saw much economic growth, only time will tell how sustainable that is given the current social, political, and […]
June 2020 Market Updates
With GDP growth falling 4.8% in the first quarter of the year, consumer spending dropping to record lows, and unemployment nearing all-time highs, there is a major focus on the economic recovery. As states and counties prepare to reopen, here is what you need to know about the state of the overall economy. The Fed […]
May 2020 Market Updates
The ongoing COVID-19 pandemic continues to dominate the headlines. Some states are finally starting to open back up, while others are committed to a few more weeks, at least, of the stay-at-home order. Investors and markets across the world wait in limbo for daily updates. The Labor Market Unemployment has finally dropped to pre-recession levels […]
February 2020 Market Updates
January threw a variety of obstacles at investors around the world. Tensions seemed to flare between the United States and Iran, negotiations on trade continued between the U.S. and China, the coronavirus spread to several countries, and impeachment proceedings continued in the Senate. Despite all of this, the stock market entered February at an all-time […]