Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.
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Monthly Market Risk Update: August 2022
My colleague Sam Millette, manager, fixed income on Commonwealth’s Investment Management and Research team, has helped me put together this month’s Market Risk Update. Thanks for the assist, Sam!
Equity markets rebounded in July after experiencing widespread losses in the second quarter. The S&P 500 gained 9.22 percent during the month, while the Dow Jones Industrial Average increased 6.82 percent. The Nasdaq Composite saw the largest rise, as the technology-heavy index was up 12.39 percent in July. These strong results were encouraging, but they were not enough to offset declines from earlier in the year.
Economic Release Snapshot: Inflation Cools in July
Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.
Inflation Continues to Cool: Is This a Change in Trend?
Earlier this week, we saw the Consumer Price Index (CPI) report was down from last month and generally well below expectations—in this case, a good thing. Today, we got the Producer Price Index (PPI) report, which was also down from last month and less than expected. Inflation appears to have peaked and is potentially on track to decline.
Economic Risk Factor Update: August 2022
My colleague Sam Millette, manager, fixed income on Commonwealth’s Investment Management and Research team, has helped me put together this month’s Economic Risk Factor Update. Thanks for the assist, Sam!
Yield Curve Message? No Recession Yet
As we negotiate the recession or no recession debate, one of the key data points is what’s called a yield curve inversion, which is a greatly intimidating technical term for something that is really pretty simple: the interest rate on a long-term bond minus the interest rate on a short-term bond. But economists can’t really be intimidating if we just say that!