Macro Economic Overview
Global equity and fixed-income markets navigated through a volatile environment as 2022 unfolded to be a challenging year. The Russian invasion of Ukraine, rising interest...
Category: Economy
World Population Surpasses 8 Billion – Global Demographics
In 1804, the world’s population reached 1 billion people. In 1927, over a century later, it reached 2 billion. Now, just 11 years after it...
Unemployment Rate is Expected to Rise Heading Into 2023 – Labor Market Update
In September 2022, the unemployment rate hit 3.5%, its lowest point since the start of the pandemic. However, new Fed forecasts predict the unemployment rate...
Some Reprieve as Rates Fall Modestly – Fixed Income Overview
With the new year approaching, the Fed is expected by many analysts to begin slowing its rate hike trajectory. Currently, the Fed Funds Rate range...
OPEC Decides to Cut Oil Production – Oil Industry Overview
The Organization of the Petroleum Exporting Countries (OPEC) is a group of nations that are the world’s major oil producers, producing more than half of...
High Mortgage Rates Scare Away Potential Homebuyers – Housing Market Review
Mortgage rates eclipsed 7% in late October 2022, their highest in over 20 years. This has discouraged countless potential buyers from purchasing a home and...
Elevated Food Inflation Continues – Consumer Demand Dynamics
The most recent measure of food inflation is 8.2%, with 2022 inflation at the highest level since inflation in the 1980s, and the category seeing...
Chinese Exports Weaken, Global Economy Experiences Slowdown – Global Trade
Chinese exports are crucial for nearly all countries around the world and reflect the status of the global economy, whereas now both are experiencing a...
Macro Economic Overview
Markets reacted to indications that the Fed might slow its pace of rate increases heading into the new year. Such a change in monetary policy...
Self-Employed Workforce Falling From Largest In 13 Years – Employment Trends
During the Great Resignation in 2021, when increasingly high amounts of employees quit their jobs, the trend was confidence in the ability to work remotely...