IMF Lowers Global GDO Growth Estimates for 2022 and 2023

By Tom Burnett CFA On April 19, 2022, the International Monetary Fund (“IMF”) lowered its estimates for global GDP growth from its projections made in January and last October.  The new Report listed uncertainties from inflation and the Russian invasion of Ukraine as the primary reasons for the…

By Tom Burnett CFA With help from the Research Department of the St. Louis Federal Reserve Bank, we will attempt to explain in broad outline form how the Fed manages its balance sheet assets and liabilities. The research materials from the St. Louis Fed are available on line for readers who would like…

By Tom Burnett CFA On April 13, 2022, the Bureau of Labor Statistics reported the Producer Price Index (“PPI”) for March. The PPI rose 1.4% for the month, following increases of 0.9% in February and 1.2% in January. For the 12 months ended March 2022, the PPI rose 11.2%, the highest figure since…

By Tom Burnett CFA On April 12, 2022, the Bureau of Labor Statistics announced the Consumer Price Index data for March. The Index rose 1.2% from the prior month and is now up 8.5% from a year earlier. The increase in February was 0.8% and the March figure was the highest since the 0.9% increase...

By Tom Burnett CFA According to the Options Clearing Corporation (“OCC”) in its April 4, 2022, press release, total options trading volume in the first quarter was the highest quarterly volume ever recorded. March volume was the second highest monthly volume ever recorded. March total volume was…