Submitted by RiverTree Advisors, LLC on March 5th, 2024
Last Week on Wall Street
Economic data for the week included a minimal revision downward for 4th quarter U.S.
Submitted by RiverTree Advisors, LLC on February 5th, 2024
Last Week on Wall Street
Economic data for the week included the Federal Reserve keeping interest rates unchanged, as expected. ISM manufacturing data improved, while the employment situation report for January came in far stronger than expected.
Submitted by RiverTree Advisors, LLC on January 2nd, 2024
Last Week on Wall Street
In a holiday-shortened week, economic data was light, consisting of increases in home prices from the fall, while jobless claims continued to be little changed.
Submitted by RiverTree Advisors, LLC on December 4th, 2023
Last Week on Wall Street
Economic data for the week included Q3 Gross Domestic Product (U.S. economic production) being revised slightly higher, while Personal Consumption Expenditures (an inflation gauge) continued to decelerate. Manufacturing data remained contractionary on net, and new and pending home sales fell back.
Submitted by RiverTree Advisors, LLC on November 7th, 2023
Last Week on Wall Street
Economic data for the week included the Federal Reserve holding interest rates steady, ISM manufacturing and services both showing declines, gains in home prices, while the employment situation report showed job positive gains, but at a weaker pace than expected.
Submitted by RiverTree Advisors, LLC on October 4th, 2023
Submitted by RiverTree Advisors, LLC on September 5th, 2023
Last Week on Wall Street
Economic data for the week included a revision downward for U.S. Q2 GDP, as well as improved but still negative ISM manufacturing. Housing results were generally positive, from the standpoint of home prices and pending sales. Labor market data was mixed, with continued signs of slowing, but remaining decent.
Submitted by RiverTree Advisors, LLC on July 31st, 2023
Last Week on Wall Street
Economic news for the week included the U.S. Federal Reserve raising interest rates by another quarter percent, Q2 GDP growth that came in stronger than expected, as did durable goods orders and consumer sentiment.
Submitted by RiverTree Advisors, LLC on July 10th, 2023
Last Week on Wall Street
In a holiday-shortened week, economic releases included the mixed results of ISM manufacturing falling further into contraction, while ISM services rose further into expansion. The employment situation report showed positive jobs growth, but at a slower rate than expected, to cap a week of mixed labor data generally.
Submitted by RiverTree Advisors, LLC on June 5th, 2023
Last Week on Wall Street
Economic data for the holiday-shortened week included strength in the May employment situation report and construction spending, while ISM manufacturing and consumer confidence declined.