By Tom Burnett CFA On July 13, 2022, the Bureau of Labor Statistics released its CPI report for the month of June. All figures in this article are taken directly from the CPI report. The CPI rose 1.3% in June, following a rise of 1.0% in May and an increase of 0.3% in April. The...
By Tom Burnett CFA On July 8, 2022, the Bureau of Labor Statistics released the employment data for the month of June. Total employment grew by 372,000 jobs, in line with the average increase of 383,000 for the prior three months. The unemployment rate was unchanged from the previous month at 3.6%…
By Tom Burnett CFA The global pattern of rising interest rates has punished fixed income investors in 2022. Looking at data from the WSJ.com website, it is apparent that negative returns are the normal result for global fixed income investors. Interest rates have risen in all major markets as central…
Colleen Kelleher Sorrentino Speaks on Market Volatility and Where to Invest Now on Volume 23 of The Bellringer Interviews
By Tom Burnett CFA On June 29, 2022, the Bureau of Economic Analysis released its third and final estimate of first quarter Gross Domestic Product. Real GDP decreased at an annual rate of 1.6% in the quarter. By comparison, GDP increased by an annual rate of 6.9% in the fourth quarter of 2021. The final…