Top-of-mind economic news as we start the week: — The US economy added 390,000 jobs in May, nearly double the 10-year monthly average from 2009 to 2019 (183,000). —
Top-of-mind economic headlines as we start the week: — Sales of new US homes dropped 17% in April 2022 (from March); an eight-month supply of new houses was recently for
Top-of-mind economic news as we start the week: — The S&P 500 stock index flirted with bear market levels — minus 20% since the latest top — on fears of
Top-of-mind economic headlines as we start the week: — The US Consumer Price Index rose 8.3% annualized in April, but that was a 0.2% deceleration from the March rise,&n
Top-of-mind economic news as we start the week: — The Federal Reserve raised its key interest rate by 50 basis points to 1% (up from 0.5%); largest increase in 22 years.
Headlines discussed at LNWM’s Monday morning briefing: — The US economy shrank by 1.4% in the first quarter of 2022 but main causes are received as temporary: 20%
Top-of-mind economic news as we start the week: — China raised lockdown restrictions in Shanghai after four weeks of Covid outbreak; potential supply chain disruptions a
Top-of-mind economic news as we start the week: — US consumer prices rose at an 8.5% annualized rate in March, highest level since 1981; food, energy price increases slo
Top-of-mind economic news as we start the week: — The Federal Reserve will allow up to $95 billion in bonds on its balance sheet to mature each month; owns $8+ trillion