Fed Beige Book
Inflation Up, Unemployment Down, and a Beige Book Report that Won’t Impede Fed Tapering
December 2, 2021
In overnight market developments, the price of WTI oil plunged over 4% to a 3-1/2 month low of $62.42 per barrel following the cartel’s decision to retain production increases that are to take effect next month, but that drop has been almost entirely reversed as the price moved back above $65. The dollar fell 0.4% […] More
Investors Eyeing Three Threats
October 22, 2020
The uncertain U.S. election outcome now just twelve days away continues to have markets on tenterhooks. The final Trump-Biden debate is tonight at 21:00 EDT. U.S. Justice Department officials have found evidence of attempted cyber interference in the result by Iran and Russia. Worsening Covid-19 trends are a second source of investor anxiety. More than […] More