Monthly Market Update – June 2023
Recent comments and data releases from the Federal Reserve indicate their intention to reshape market expectations for the remainder of this year and into 2024.
April 2023 Market Update
The Economy and Labor Market Consumers are the largest and most important part of the US economy, and their ability to drive it has been critical over the last year or so. Sentiment data has shown pessimistic views of the economy, but the tight jobs market has been a key point of the consumers’ resilience […]
February 2023 Market Update
It’s raining data! The American consumer continues to enjoy considerable winds at their back from a tight labor market. In January, businesses dramatically surprised markets by adding 517,000 jobs. The unemployment rate fell to 3.4%(3), the lowest since the late 1960s. There have been many headlines of large layoffs, but so far they have not […]
January 2023 Market Update
Improving inflation & consumer sentiment December now marks three months in a row with improving news on inflation. Monthly prices declined by 0.1% in December and annual prices increase by 6.5%, down from a 7.1% increase in November(1). However, core inflation, which excludes volatile energy and food prices, did tick up during the month, rising […]
December 2022 Market Update
Cooling Inflation and strong labor market In its last meeting of the year, the Federal Reserve raised rates by another 50 basis points, bringing the target policy rate to 4.25%-4.5%, up from 0%-0.25% at the start of this year. The meeting followed a better-than-expected inflation report that showed that both yearly headline and core inflation […]
September 2022 Market Update
Inflation, Labor Market and Consumer spending August’s inflation surprised economists and the markets, and not the good kind of surprise. Lower gas prices helped somewhat, but the overall Consumer Price Index rose 0.1% over the month and 8.3% over the year(1). A Bloomberg survey showed economists had expected prices to fall 0.1% and the direction […]
August 2022 Market Update
Inflation, Labor market & Consumer sentiment Inflation slowed to “just” an 8.5% annual increase in July, down from 9.1% in June and 8.6% in May. On a month-over-month basis, prices were pretty much flat(1). Relief at the gas pump was a major driver of the slowdown with gas falling 7.7% and overall energy falling 4.6% […]
July 2021 Market Update
At Revo Financial, we want you to be well informed about what’s happening in the markets. Here are a few of the key topics of conversation that deserve the most attention this month. Call us to get your questions answered or continue the conversation in a complimentary 1-on-1 phone appointment. These days, everything is about […]
June 2021 Market Update
At Revo Financial, we want you to be well informed about what’s happening in the markets. Here are a few of the key topics of conversation that deserve the most attention this month. Call us to get your questions answered or continue the conversation in a complimentary 1-on-1 phone appointment. It feels good to have […]
May 2021 Market Update
At Revo Financial, we want you to be well informed about what’s happening in the markets. Here are a few of the key topics of conversation that deserve the most attention this month. Call us to get your questions answered or continue the conversation in a complimentary 1-on-1 phone appointment. After a streak of positive […]
