Economic Update — Reviewing Q3 2022

US Stocks continued their downward slide in Q3 of 2022, marking three consecutive quarters in the red for all three major equity indices. The Dow Jones Industrial Average fell the hardest with a 6.17% decline in the third quarter, followed closely by the S&P 500 and Nasdaq Composite. Download Visual | Modify in YCharts Below … Continued

2008 vs. 2020: What Happens When the Federal Funds Rate is 0%?

During each of the fourteen Federal Open Market Committee meetings from March 2020 through June 2021, Chair Jerome Powell and committee members have decided to leave the federal funds rate unchanged, at a target range of 0% to 0.25%.  With inflation on the rise and unemployment falling, the Fed instead revealed their plan to increase … Continued

Economic Update — Reviewing Q3 2020

The bull market raged on in the third quarter of 2020, continuing the second quarter rally. Despite the Covid-19 pandemic keeping a tight grip on the global economy, the S&P 500 and Dow gained 8.9% and 8.2% respectively, while big tech drove the Nasdaq Composite up 11.2% in Q3 on a total return basis. Even … Continued