by Mark Chandik | Jul 29, 2024
The U.S. Bureau of Economic Analysis reported that the Gross Domestic Product (GDP), the largest measure of goods and services, expanded at a brisk annualized pace of 2.8% in the second quarter. That’s up from 1.4% in the first quarter and well ahead of...
by Mark Chandik | Jul 22, 2024
…And they all come to the same conclusion. What’s going on? The labor market is moving back into balance. No longer do we come across articles touting the Great Resignation. In 2021 and 2022, it was ‘advantage employee.’ Employees still have some leverage, but the...
by Mark Chandik | Jul 15, 2024
Weekly Market Commentary In 2021 and 2022, soaring inflation sparked the most aggressive series of rate hikes in decades. While prices remain high, the rate of those price increases has slowed, and the Federal Reserve may finally be seriously considering a reduction...
by Mark Chandik | Jul 8, 2024
Weekly Market Commentary The U.S. Bureau of Labor Statistics (BLS) reported that nonfarm payrolls rose a solid 206,000 in June, topping the consensus forecast offered by Bloomberg News of 190,000. However, first glances may not always leave the correct impression....
by Mark Chandik | Jul 1, 2024
Weekly Market Commentary What happens when mortgage rates tumble below 3% and then spike above 7%? Unintended consequences are bound to play out. In hindsight, they aren’t difficult to spot. You’re a winner if you have no intention of moving and were lucky enough to...
