Jiayi (Kristy) Xu, MBA, CFP®
Weekly Market & Economic News Recap (Week of November 27, 2023)
Blue-Chip spreads rally as investors bet Fed is done hiking. Blue-chip spreads tighten to the lowest since February 2022. The average...
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Jiayi (Kristy) Xu, MBA, CFP®
Nov 18, 20231 min read
Weekly Market & Economic News Recap (Week of November 13, 2023)
US Producer Prices decline by most since April 2020 on gasoline. Prices paid to producers sank 0.5% in October, core unchanged. Decline...
Jiayi (Kristy) Xu, MBA, CFP®
Nov 11, 20232 min read
Weekly Market & Economic News Recap (Week of November 6, 2023)
Stocks extended their November rally amid a surge in tech giants, a relatively calm session for bonds and no major surprises from Federal...
Jiayi (Kristy) Xu, MBA, CFP®
Oct 7, 20232 min read
Weekly Market & Economic News Recap (Week of October 2, 2023)
US stock benchmarks rebounded after a tense week while the retreat in Treasuries extended as Wall Street debated the odds the Federal...
Jiayi (Kristy) Xu, MBA, CFP®
Aug 19, 20231 min read
Weekly Market & Economic News Recap (Week of August 14, 2023)
Shoppers boost retail sales for fourth straight month. Consumers spent more in July on food, clothing and online. (Wall Street Journal,...
Jiayi (Kristy) Xu, MBA, CFP®
Jul 29, 20232 min read
Weekly Market & Economic News Recap (Week of July 24, 2023)
Officials remain concerned about whether wages and price growth can slow enough without an economic downturn (Wall Street Journal, July...
Jiayi (Kristy) Xu, MBA, CFP®
Jul 23, 20231 min read
Weekly Market & Economic News Recap (Week of July 17, 2023)
U.S. companies score partial reprieve from global minimum tax deal. New agreement will delay until 2026 some potential tax increases...
Jiayi (Kristy) Xu, MBA, CFP®
Jul 1, 20232 min read
Weekly Market & Economic News Recap (Week of June 26, 2023)
U.S. home prices posted first annual decline since 2012 in April. S&P CoreLogic Case-Shiller National Home Price Index fell 0.2%. (Wall...
Jiayi (Kristy) Xu, MBA, CFP®
Jun 17, 20232 min read
Weekly Market & Economic News Recap (Week of June 12, 2023)
Federal Reserve officials’ concerns about stubbornly high inflation could lead them to signal that they are prepared to lift interest...
Jiayi (Kristy) Xu, MBA, CFP®
Jun 10, 20232 min read
Weekly Market & Economic News Recap (Week of June 5, 2023)
World Bank brightens view of global growth this year, downgrades 2024. Bank warns of risks to poorer nations from rising interest rates....
Jiayi (Kristy) Xu, MBA, CFP®
Jun 4, 20232 min read
Weekly Market & Economic News Recap (Week of May 29, 2023)
Home prices rose in March for second straight month. Case-Shiller index climbs 0.4% as shortage of homes for sale spurs competition among...
Jiayi (Kristy) Xu, MBA, CFP®
May 27, 20232 min read
Weekly Market & Economic News Recap (Week of May 22, 2023)
U.S. growth touches fastest monthly rate in more than a year. S&P Global surveys show American services spending is robust while European...
Jiayi (Kristy) Xu, MBA, CFP®
May 7, 20232 min read
Weekly Market & Economic News Recap (Week of May 1, 2023)
The unanimous decision marked the Fed’s 10th consecutive rate increase aimed at battling inflation and brings its benchmark federal-funds...
Jiayi (Kristy) Xu, MBA, CFP®
Apr 23, 20232 min read
Weekly Market & Economic News Recap (Week of April 17, 2023)
A top Federal Reserve official said the central bank had more work ahead to bring down inflation, suggesting another interest-rate...
Jiayi (Kristy) Xu, MBA, CFP®
Apr 1, 20232 min read
Weekly Market & Economic News Recap (Week of March 27, 2023)
Home prices declined in January from the prior month as increased mortgage rates continued to slow the housing market. The S&P CoreLogic...
Jiayi (Kristy) Xu, MBA, CFP®
Mar 25, 20232 min read
Weekly Market & Economic News Recap (Week of March 20, 2023)
The first year-over-year drop in home prices in 11 years and a dip in mortgage rates snapped a yearlong streak of declining monthly home...
Jiayi (Kristy) Xu, MBA, CFP®
Mar 18, 20232 min read
Weekly Market & Economic News Recap (Week of March 13, 2023)
Economy shows signs of cooling as bank troubles spread. A drop in retail sales and easing price pressures in February offered...
Jiayi (Kristy) Xu, MBA, CFP®
Mar 11, 20233 min read
Weekly Market & Economic News Recap (Week of March 6, 2023)
The American manufacturing sector is starting to show signs of weakness after two years of strong growth, as higher interest rates and a...
Jiayi (Kristy) Xu, MBA, CFP®
Mar 4, 20233 min read
Weekly Market & Economic News Recap (Week of February 27, 2023)
U.S. stock indexes dropped Tuesday in a relatively quiet session, ending a down month on a disappointing note.The Dow Jones Industrial...
Jiayi (Kristy) Xu, MBA, CFP®
Jan 21, 20232 min read
Weekly Market & Economic Recap (Week of January 16, 2023)
Retail spending fell in December at the sharpest pace of 2022, marking a dismal end to the holiday shopping season as rising interest...
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