Core PCE Shows Inflation Quickly Soaring for the Holidays
In a short week, core PCE shows inflation quickly soaring in time for the holiday season while investors worry about price increases
Surprising Consumer Spending Growth Leads to Retail Sales Surge
The theme of this week revolved around surprising consumer spending growth. As a result, retail sales saw an overall surge.
Inflation Frenzy Continues as Supply Chain Now Faces Disruptions
As the holiday season approaches, the inflation frenzy continues. Currently, the U.S. faces a cavalcade of supply chain disruptions.
Inflation Jumped to 30-Year High as Shortages Quickly Compound
After months of back-and-forth discussion, last week saw inflation jump to a 30-year high as shortages compound.
Solid Job Gains Spotlight Uncommonly Busy Week for Mortgage Markets
This past week saw solid job gains amidst a packed week for mortgage markets, highlighted by key labor market data and a Fed meeting.
Inflation Remains High As Supply Chain Prevents Better GDP
After months of slow recovery, inflation remains high. Meanwhile, the latest GDP reported showed a negative impact on supply chain growth.
Luxury Home Sales Rise as the Market Overcomes Housing Challenges
This past week saw luxury home sales rise as the market overcomes age-old housing challenges. Although the market saw little economic news, mortgages rates also rose. Ultimately, investors still focus on higher inflation.
Strong Consumer Spending Offsets Inflation Driving Mortgage Rates Down
The past week saw strong consumer spending. This data offset weak inflation figures. As a result of the reporting, mortgage rates ended slightly lower.
United States Resurgence Suffers in the Face of Emerging Obstacles
The latest few months highlight the trend of the United States resurgence suffering. Key data revealed mixed results throughout the economy.
Latest Employment Report Reveals Job Gains Went Down
This past week, analysts and investors closely watched the latest employment report. Unfortunately, it revealed that job gains went down, falling short of expectations.