A Weekly Economic Update

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Stocks were under pressure all week due to inflation worries, higher yields, and rising recession concerns. In advance of the much-awaited mid-week meeting of the Federal Open Market Committee (FOMC), bond yields jumped, and stocks retreated on speculation that the Fed might raise rates by 75 basis points. When the Fed announced a 75 basis point hike on Wednesday, stocks rebounded strongly.

A Weekly Economic Update

Alexis DuffyNewsroom

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Stocks posted solid gains for the week, buoyed by the release of Fed meeting minutes and upbeat earnings from mid-size and discount retailers.

A Weekly Economic Update

Alexis DuffyNewsroom

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Stock prices remained in a downtrend, capped by a sell-off on Wednesday following a succession of disappointing earnings reports from several major retailers.

A Weekly Economic Update

Alexis DuffyNewsroom

Folded Newspaper

With the Fed in focus, the markets experienced wide price swings over the course of last week, as technology companies led the market lower.

Continued Market Upheaval & You!

Alexis DuffyNewsroom

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The investment committee at PensionmarkMeridien has been keeping its finger on the pulse of the economy and markets and wished to share some additional thinking with you.

A Weekly Economic Update

Alexis DuffyNewsroom

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With the Fed in focus, the markets experienced wide price swings over the course of last week, as technology companies led the market lower.

A Weekly Economic Update

Alexis DuffyNewsroom

Large stack of folded newspaper

On Friday, a sharp sell-off sent major stock market indices into negative territory for the week, capping a volatile close to April.

A Weekly Economic Update

Alexis DuffyNewsroom

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With the inflation report in the rearview mirror and a Fed meeting two weeks away, many may have expected corporate earnings to be in focus last week. Comments by Jerome Powell stole the spotlight.

A Weekly Economic Update

Alexis DuffyNewsroom

Large stack of folded newspaper

Stocks posted losses in a holiday-shortened trading week as the first-quarter earnings season kicked off and investors digested new inflation data.