Definitely Bucking Bronco
A report just came out showing the economy shrank by 1.4% in the first three months of 2022, surprising analysts who expected positive growth of 1.0%. Though a single quarter of negative growth isn't a recession...
A report just came out showing the economy shrank by 1.4% in the first three months of 2022, surprising analysts who expected positive growth of 1.0%. Though a single quarter of negative growth isn't a recession...
Stocks seem to be caught in a volatile pattern as Q1 earnings season heats up. Something surprising could trigger a big move, but it's hard to predict anything with certainty. A potentially bigger concern: A number of economists think that a recession may be on the horizon.
Given Ukraine's critical pipelines and Western sanctions on Russia, the crisis has led to higher energy prices, which has trickled down to higher pump and heating fuel costs
An invasion of Ukraine may occur in the coming days or weeks. Or it might not. It’s really impossible to say. The U.S. has closed the embassy in Kyiv and warned of a dramatic buildup of Russian forces on the border with Ukraine.
Fears around the Federal Reserve raising interest rates and what rapidly removing support could do to markets and the economy led markets down.
Since the job market is already tight, the economy isn't likely to see an immediate surge in hiring due to infrastructure spending; however, some reports suggest ~800,000 new jobs could be added by 2030, though many of them will be temporary rather than long-term jobs. And there is also the ongoing question of will people return to work?
The blaring stories about high inflation are inescapable after last week’s shockingly strong inflation report. We wrote about surging prices spreading to more and more everyday products, which undercuts the “transitory” narrative. Still, we recognize that the pandemic re-opening period has no historic parallel to help guide forecasts.
America is going through a pretty major reconfiguration of the labor market. Headlines are calling it the "Great Resignation" but I think it's deeper than that.