Colleen Kelleher Sorrentino in Wealth Management Magazine Addresses How to Plan in a Volatile Market
By Tom Burnett CFA On August 11, 2022, the Bureau of Labor Statistics released Producer Price Index information for the month of July. The PPI fell by 0.5% from the previous month, following an advance of 1.0% in June. For the 12 months ending in July, the PPI rose by 9.8%. This 12-month increase was…
By Tom Burnett CFA On August 10, 2022, the Bureau of Labor Statistics released the Consumer Price Index information for the month of July. The Index was unchanged in July, after rising 1.3% in June. The zero increase for July was the lowest monthly increase in the 2022 year thus far. The previous monthly…
By Tom Burnett CFA On August 5, 2022, the Bureau of Labor Statistics released its employment report for the month of July. Total nonfarm payroll employment rose by 528,000 jobs and the unemployment rate fell from 3.6% to 3.5%. The number of jobs has now risen by 22 million from the April 2020 low brought…
By Tom Burnett CFA In mid-day trading on August 1, 2022, the government bond market has rallied sharply bringing down interest rates in the Ten-year and 30-year segments (data supplied by WSJ.com). The yield on the Ten-year Treasury is now 2.61%, down from 2.93% last week. Similarly, the yield on the…