Wednesday, December 23, 2020
Top Story
Jobless Claims Beat Continue reading
Market Blog
12/23/20
“If Santa should fail to call, bears may come to Broad and Wall.” —Yale Hirsh Continue reading
Economic Blog
12/22/2020
With concern about inflation rising for some investors, we’ve started to receive questions about Treasury Inflation-Protected Securities, or TIPS. With TIPS, the principal of the bond, the part that’s paid back when the bond matures, is adjusted for inflation (or deflation) as measured by the Consumer Price Index (CPI), which is a form of inflation protection. However, the added inflation protection doesn’t come for free. TIPS almost always offer a lower yield than ordinary “nominal” Treasuries with the same maturity, usually significantly lower. Continue reading
Economic Blog
12/22/2020
Brexit, the United Kingdom’s (UK) withdrawal from the European Union (EU), is making news again as it stumbles toward its apparent conclusion on December 31, 2020. The major sticking point now: fish. Continue reading
Economic Blog
12/18/2020
Leading economic indicators are flashing yellow, as it becomes clearer that rising COVID-19 case counts and renewed lockdowns are inflicting damage on a budding economic recovery. Continue reading
Economic Blog
12/17/20
The Federal Reserve (Fed) demonstrated Wednesday in its final policy meeting of the year—again—that it has not exhausted the tools it has for supporting the economy and still holds plenty in reserve. Continue reading