John Hancock: Weekly Market Recap Week Ended December 2nd
Fed pivot Stocks rallied on Wednesday after U.S. Federal Reserve Chair Jerome Powell confirmed in a speech that smaller interest-rate increases could start as soon as the Fed’s December 13-14 meeting. Officials approved rate hikes of three-quarters of a percentage point at each of their last four meetings. Jobs consistency The labor market […]
LPL: The Yield Curve As A Predictor Of Recessions
Tuesday, November 22, 2022 The shape of the U.S. Treasury yield curve is often looked at as a barometer for U.S. economic growth. More specifically, it reflects how the Federal Reserve (Fed) intends to stimulate or slow economic growth by cutting or raising its policy rate. Each tenor on the curve is roughly the […]