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Economic update for the week ending October 29, 2022

Oct 29, 2022 Stock markets had another winning week - Stock markets climbed again this week with the Dow hitting a 2-month high. Although there was no let-up in inflation, third quarter corporate earnings were stronger than expected in almost all sectors be...

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Economic update for the week ending October 22, 2022

Oct 22, 2022 Stock markets had their best week since June - Stock markets surged this week as investors bet on stocks being oversold in the last six weeks. Most stocks surged despite some disappointing third quarter profit results that brought some companie...

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Economic update for the week ending October 15, 2022

Oct 18, 2022 Stock markets had a turbulent week - Treasury bond yields and mortgage rates moved higher on continued inflation fears - There were two key inflation reports this week. The producer price index came in at an 8.5% year-over-year increase. That w...

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Economic update for the week ending October 8, 2022

Oct 8, 2022 The U.S. economy added 263,000 new jobs in September - The unemployment rate dropped to a 52-year low - The Department of Labor and Statistics reported that 263,000 new jobs were added in September. The unemployment rate dropped to 3.5%, a...

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