Market Update Blog

August 18, 2022

At the beginning of the summer, it felt to many of us as if the economy was going to fall off a cliff. Inflation hit a multi-decade high in June with the year-over-year Consumer Price Index (CPI) hitting 9.1%. A…

August 4, 2022

We are halfway through Summer and in between all the negative news of labor strikes, travel delays, and increased consumer prices, you may have heard that interest rates are up from last year’s all-time lows… the U.S. 10-year Treasury (US10Y)…

July 28, 2022

In an effort to stem inflation, the Fed announced on Wednesday that it is raising the Federal Funds rate by .75%. The benchmark short-term rate is at its highest level since 2018. While these intentional rate increases have dramatically pushed…

June 30, 2022

The Consumer Price Index (CPI) dropped from 8.5% in March to 8.3% in April only to bounce back to 8.6% in May. The 8.6% 12-month increase ending May is the largest 12-month increase since December 1981. Much of that was…