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 2022 Market Update
Inflation Continues Inflation ticked up once again in June, with the Consumer Price Index increasing 9.1% from the year prior, up from May’s 8.6% increase(1). Price increases were spread broadly across the economy, though surging energy prices accounted for almost half of the overall increase. Pain at the pump in June drove headlines with gasoline […]
June 2022 Market Update
Bear Market territory and cooling consumer sentiment On June 13th, the S&P 500 officially entered bear market territory, defined as a pullback of at least 20%(1). While global capital markets have been volatile all year, crossing these man-made thresholds has the potential to create additional anxiety and nervousness, generating a lot of headlines and inevitably […]
The Revo Financial Guide to Inflation
Inflation has been a driving factor for both markets and the economy in 2022. But concerns about inflation are nothing new — it’s one of the most talked about concepts, since it impacts our savings, spending, investments, and more. With that in mind, we want to take some time to go over what inflation is, […]
May 2022 Market Update
Inflation shows signs of cooling, but not as quickly as hoped The market got exactly what it was expecting from the Fed in May – and didn’t like it. The Federal Reserve raised rates by 50 basis points, while also announcing they would begin to shrink the Fed’s balance sheet in June. Interestingly, Fed Chair […]
April 2022 Market Update
Inflation and Interest Rates It’s déjà vu all over again. Inflation, rates, sentiment, and the invasion of Ukraine highlight markets and economics. Unsurprisingly, Inflation continued to push higher in March with prices rising 8.5% over the prior year(1), coming in close to expectations. It’s anticipated the Fed will weigh a larger increase in rates to […]
March 2022 Market Update
Federal Reserve Moves Inflation has yet to show signs of slowing as February’s Consumer Price Index notched another multi-decade high with prices increasing 7.9% over the last year and 0.8% since January(1). Largely due to ongoing supply chain issues, energy was a massive contributor to the increases – and that was before the oil and […]
January 2022 Market Update
Inflation, inflation, inflation! The news that dominated 2021 continues to be the primary focus in 2022. And, unfortunately, it will remain the case for at least the first quarter. The December data saw the fastest rise in the Consumer Price Index since the early 1980s, rising 7.0% from a year ago and 0.5% from November(1). […]
December 2021 Market Update
Tapering Announced The big news this month is the Federal Reserve announced a widely expected acceleration in tapering to fight the elevated levels of inflation we have seen over the past 8 months. The pace the Fed will reduce bond purchases will be doubled, from a $15 billion to $30 billion reduction per month, putting […]
