Top-of-mind economic news as we start the week: — The US economy added 467,000 new jobs in Jan., much more than expected despite ongoing pandemic; wages rose 0.7% in Jan
— US GDP grew at a much faster pace of 6.9% annualized in 4th quarter 2021, with most of this — 4.9% — due to inventory buildup as businesses stocked up, esp
Top-of-mind economic news as we start the week: — The S&P 500 had its worst week since March 2020, falling 5.7% on concern about corporate earnings, Fed interest rat
— US inflation accelerated to 7% annualized rate in Dec., the highest level since 1982; Fed Chair Jerome Powell said the central bank is committed to fighting inflation
— The US economy added just 199,00 jobs in Dec. vs. 422,000 expected, with wages up nearly 5% during past 12 months; in 2021, a record 6.4 million jobs were created, but
Top-of-mind headlines news as we start the week: — The S&P 500 gained 26.9% in 2021, beating the Dow and Nasdaq; just 5 stocks (MSFT, GOOG, APPL, NVDA, TSLA), accoun
Top-of-mind economic news as we start the week: — The US economy grew at a 2.3% annualized rate in the third quarter of 2021, a slight upward revision. — UK data s
Top-of-mind economic news as we start the week: — Given persistent inflation, the Fed will start to rein in monetary stimulus — buying $30 billion fewer bonds each
Top-of-mind economic news as we start the week: — US inflation (CPI) was 0.8% in Nov. and 6.8% for past 12 months, the highest annual level since 1982, with gas and food
