Posts Tagged ‘economics’
S3-5: What Drives Gas Prices?
Gas prices have been on a roller coaster ride in 2022. In the first half of 2022, Russia’s invasion of Ukraine drove energy prices to their highest point in well over a decade. Ongoing supply chain disruptions, lingering from the pandemic, and shuttered refining capacity translated those oil prices into all-time high gas prices at…
Read More >>>S3-4: Q3 GDP Surprise, Bear Market Rally & A Deep Dive on How to Get Scholarships for College
As October neared its close last week, markets rallied to post positive monthly returns for just the third time this year. Is it a bear market rally or have we seen the bottom and are we on our way to recovery? Behind the rally? We had a positive Q3 GDP surprise and a range of…
Read More >>>S3-3: What is OPEC, the Labor Market & A Deep Dive on the Importance of Understanding Our Economy
It was another eventful week for the markets and global economy last week. OPEC+ made waves economically and politically with its announcement to cut oil production, major employment releases sent mixed messages on the labor market, and more on the Twitter / Musk buyout as the saga continues. To learn more on all of these,…
Read More >>>S3-1: Is the US Economy Currently in a Recession?
After my annual summer hiatus, there’s one question I have been getting more than any other: are we in a recession? By traditional historical measures, knowing what happens during a recession, the short answer is likely yes. But the official group that declares recessions has not yet, so what are they waiting for? Here are…
Read More >>>S2-20: Market Free Fall, April Inflation & Deep Dive on Why is Childcare So Expensive
Last week, we saw the 6th consecutive week of down markets, with both the S&P 500 and NASDAQ hitting new lows, as investors continue to digest the latest Fed rate hike and last week’s April inflation numbers. Catch it all on this week’s podcast, along with a deep dive on the childcare dilemma featuring three…
Read More >>>S2-19: Bear Market, Q1 GDP Miss & A Deep Dive on Cryptocurrency and NFTs
Last week, we saw the 4th consecutive week of down markets, with April performance coming in as the worst month since March 2020 for the S&P 500, and the worst month for the NASDAQ since 2008. The week also included an expected decline in real GDP for Q1 2022, adding credibility to investors’ recession concerns.…
Read More >>>Market Update 4-4-2022
Last week, we saw the end of March, the end of the first quarter and the start of a new month. The market eked out a gain for the week, finished up for March, but had its worst quarterly performance since Q1 2020 at the start of the pandemic. In other economic news for the…
Read More >>>Market Update 3-28-2022
Last week, the market rallied for the second week in a row, finishing the week up +1.8%, up +3.9% for March thus far, but still down -4.7% for the year. The big story of the week, however, was a major move in interest rates. Learn just how much interest rates are increasing, what’s driving it,…
Read More >>>Why Are Gas Prices Going Up Because of Russia
We all watched in horror last week as Russia invaded Ukraine, completely unprovoked. We have also watched oil and gas prices escalate in recent months as the likelihood of this conflict escalated. President Biden, in announcing the initial sanctions against Russia, also indicated “defending freedom will have costs for us as well and here at…
Read More >>>Market Update 2-7-2022
It was a calmer week for the markets as a whole (though Facebook shareholders may not agree) AND for economic data, but Q4 earnings season is still in full swing… and drove more than its fair share of excitement in the stock market. Get more details on earnings season, the labor market releases last week,…
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