Finance  /  June 15, 2021

By Tom Burnett CFA On June 15, 2021, the Bureau of Labor Statistics released its May report on Producer Price Index (“PPI”) movements. The Index rose 0.8% in May, after rising 0.6% in April and 1.0% in March. The Index advanced 6.6% for the 12 months ended in May, the largest increase since 12-month…

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Finance  /  June 9, 2021

By Tom Burnett CFA On June 8, 2021, the World Bank released its updated global GDP growth forecast models from the January 2021 Report. The WB now expects world growth of 5.6% in 2021, an increase of 1.5% from the January Report. If achieved, this rate of global growth would be the fastest annual rate…

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Finance  /  June 7, 2021

By Tom Burnett CFA According to data from the June 7, 2021 Wall Street Journal, the commodity sector has shown the most positive price performance of any of the asset classes in the more than 100 items followed by its database. Based on closing prices on June 4, 2021, the Bloomberg Commodity Index is…

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Finance  /  June 4, 2021

By Tom Burnett CFA On June 4, 2021, the Bureau of Labor Statistics issued its Employment Report for May 2021. The Report indicates that the economy is recovering strongly and providing evident job creation opportunities. In the three months ending in May, the economy added a total of 1.65 million new…

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Finance  /  June 1, 2021

By Tom Burnett CFA On May 31, 2021, the Organization of Economic Cooperation and Development (“OECD”) issued its updated forecasts for global GDP growth in 2021 and 2022. The update builds on the December 2020 projections. In most cases, the growth estimates have been raised, but the current picture…

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