Weekly Economic Update December 19, 2022

December 19, 2022Economic Update

In this week’s recap: Recession concerns, Fed talk keep stocks cold. Weekly Economic Update Presented by Rabenold Advisors, December 19, 2022 THE WEEK ON WALL STREET Hawkish comments by the Fed and weak economic data heightened investors’ recession concerns and sent stocks lower last week. The Dow Jones Industrial Average lost 1.66%, while the Standard … Read More

Weekly Economic Update, December 12, 2022

December 13, 2022Economic Update

In this week’s recap: Stocks slide on recession concerns. Weekly Economic Update Presented by Rabenold Advisors, December 12, 2022 THE WEEK ON WALL STREET Recession fears and concerns that the Fed may consider a longer rate-hike cycle sent stocks lower for the week. The Dow Jones Industrial Average dropped 2.77%, while the Standard & Poor’s … Read More

Weekly Economic Update December 5, 2022

December 6, 2022Uncategorized

In this week’s recap: Easing on rate hikes and job numbers cheer markets. Weekly Economic Update Presented by Rabenold Advisors, December 5, 2022 THE WEEK ON WALL STREET Stocks ended higher last week as investors navigated the crosscurrents of a potential easing in future rate hikes and continued strength in the labor market. The Dow … Read More