Market Week: October 24, 2022
As the U.S. Federal Reserve continues to aggressively tighten monetary policy, the average 30-year mortgage rate has skyrocketed to a two-decade high of 6.94%.
As the U.S. Federal Reserve continues to aggressively tighten monetary policy, the average 30-year mortgage rate has skyrocketed to a two-decade high of 6.94%.
In a year when soaring inflation, the war in Ukraine and a bear market have commanded headlines, the U.S. midterm elections risked becoming an afterthought.
Following a string of upside surprises, the September CPI report dashed hopes for a deceleration in inflation.
We are less than 2 months for the end of 2022. It’s important to do some planning now.
OPEC+ announced its plan to reduce oil output by 2M barrels/day starting in November.