Weekly Economic Update for April 25, 2022

April 25, 2022Economic Update

In this week’s recap: Powell favors quick movement on rising interest rates. Weekly Economic Update Presented by Rabenold Advisors, April 25, 2022 THE WEEK ON WALL STREET Hawkish comments from Fed Chair Jerome Powell overshadowed many largely positive earnings results, sending stocks lower for the week. The Dow Jones Industrial Average declined 1.86%, while the … Read More

Weekly Economic Update for April 18, 2022

April 18, 2022Economic Update

In this week’s recap: Earnings season begins. Weekly Economic Update Presented by Rabenold Advisors, April 18, 2022 THE WEEK ON WALL STREET Stocks posted losses in a holiday-shortened trading week as the first-quarter earnings season kicked off and investors digested new inflation data.  The Dow Jones Industrial Average declined 0.78%, while the Standard & Poor’s … Read More

Weekly Economic Update for April 11, 2022

April 12, 2022Economic Update

In this week’s recap: The Fed signals more aggressive action on interest rates. Weekly Economic Update Presented by Rabenold Advisors, April 11, 2022 THE WEEK ON WALL STREET Stock prices fell last week in response to the Fed’s plan to combat inflation, which staked out a more aggressive stance than investors had anticipated.  The Dow … Read More

Weekly Economic Update for April 4, 2022

April 4, 2022Economic Update

In this week’s recap: Markets weigh a menu of uncertainty. Weekly Economic Update Presented by Rabenold Advisors, April 4, 2022 THE WEEK ON WALL STREET Stocks spent last week digesting the sharp gains of previous weeks as investors assessed a tightening yield curve, the war in Ukraine, and an uncertain outlook for economic growth and … Read More