by cambridgesourcesites | Sep 26, 2022 | Weekly Economic Update
Presented by Craig Moore Last week, Fed Chair Powell said the U.S. would not tame inflation without economic pain. This week heightened recession fears and sent stocks broadly lower. The Dow Jones Industrial Average dropped 4.00%, while the Standard & Poor’s 500...
by cambridgesourcesites | Sep 19, 2022 | Weekly Economic Update
Presented by Craig Moore A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period. The Dow Jones Industrial Average fell 4.13%,...
by cambridgesourcesites | Sep 12, 2022 | Weekly Economic Update
Presented by Craig Moore In a holiday-shortened week of trading, stocks posted healthy gains despite more tough talk on monetary policy from Fed officials. The Dow Jones Industrial Average rose 2.66%, while the Standard & Poor’s 500 gained 3.65%. The Nasdaq...
by cambridgesourcesites | Sep 6, 2022 | Weekly Economic Update
Presented by Happy Valley Financial Services The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance. The Dow Jones...
by cambridgesourcesites | Aug 29, 2022 | Weekly Economic Update
Presented by Craig Moore A comprehensive sell-off on Friday following comments by Fed Chair Jerome Powell drove stocks to losses for the week. The Dow Jones Industrial Average tumbled 4.22%, while the Standard & Poor’s 500 dropped 4.04%. The Nasdaq Composite...
