Market Week: March 21, 2022
Last week, the Federal Open Market Committee (FOMC) delivered on a very well communicated 25 bps hike, raising its federal funds target range to 0.25%-0.50%.
The Fed is Still Behind the Curve
Fed chairman Jerome Powell reinforced in his comments that the central bank’s primary goal is to tamp down inflation — which is running at a 40-year high — and that it will do what it takes to bring it closer to target.
Stay Focused on Long-Term Investment Goals
The invasion of Ukraine is a shock to the system. It represents an overthrow of the world order we have known for the last 30 years.
Market Week: March 7, 2022
When it comes to economic growth in the United States, the consumer is key, accounting for nearly 70%b of gross domestic product (GDP).
Where Does the U.S. Get Its Oil?
As we see a rocky start to investment markets and a barrel of oil reach $123.21 at the end of trading today, you may be wondering: where does the U.S. import its oil from?