Pause or Proceed? For the last time this year, it’s Fed week. The central bank to leave interest rates unchanged again meet market participants expectation, as conviction is growing the the policymakers around Fed Chairman Jerome Powell are done raising rates. In an effort to curb pandemic-era inflation, the Federal Reserve enacted a series of…Read more
Increasing Output U.S. oil production has hit a record high this year with more than 13 million barrels per day. There doesn’t seem to be any slowing down in sight either, but that could lead to some geopolitical tensions. Not every oil producing country is ramping up drilling. OPEC+ (the Organization of the Petroleum Exporting…Read more
Financially Unwell It’s tough being a millennial. First blamed for killing everything from big box gyms to American cheese, this demographic group has much bigger problems: their finances. Elder millennials are finding themselves with the highest level of debt of any age group. Americans aged 35 to 44 carry median liabilities of about $140,000, according…Read more
