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 […]
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 […]
October 2022 Market Update
Inflation Another hot inflation report from September shows the Fed has a long way to go to get inflation under control. The Consumer Price Index rose 0.4% for the month and 8.2% over the prior year(1). While the annual increase is slightly slower than the 8.3% in August, there weren’t many silver linings in the […]
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 […]