by Jorge Tijerino | Dec 20, 2024 | Uncategorized
The U.S. economy continues to showcase resilience. In the third quarter of 2024, GDP growth was revised up to an impressive 3.1%, fueled by robust consumer spending and an uptick in exports. Notable highlights include:• Consumer Spending: Expanded at a 3.7% annual...
by Jorge Tijerino | Dec 20, 2024 | Uncategorized
The Federal Reserve’s decision to lower interest rates by a quarter percentage point marks a strategic recalibration in its monetary policy. This third consecutive cut in 2024 brings the rate to a target range of 4.25%-4.5%. While the move aims to balance...
by Jorge Tijerino | Nov 15, 2024 | Uncategorized
⁃ Economic Growth Outlook: Increased optimism that economic growth will persist in 2025 and through the end of the decade. ⁃ Stock Market Surge: Stock market has historic surge post-election indicates investor confidence in Trump’s economic policies. ⁃...
by Jorge Tijerino | Aug 5, 2024 | Uncategorized
Today, the Dow Jones Industrial Average took a significant hit, dropping over 1,000 points, while the Nasdaq plummeted by 6%. This sharp decline is part of a global market sell-off driven by fears of a U.S. recession.The catalyst? A disappointing July jobs report and...
by Jorge Tijerino | Jul 10, 2024 | Uncategorized
In his recent Congressional testimony, Federal Reserve Chair Jerome Powell provided insights that could shape our economic landscape: The US economy is “no longer overheated” Job market has cooled to pre-pandemic levels Fed now faces “two-sided...
by Jorge Tijerino | Jun 28, 2024 | Uncategorized
The latest PCE data shows inflation cooling to its lowest rate since March 2021. Core PCE rose just 2.6% year-over-year in May, signaling that the Fed’s monetary policy might be working. Key takeaways: Monthly core PCE up 0.1% Headline inflation flat for the...
