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Week Ahead on Wall Street: All About Jobs

Week Ahead on Wall Street: All About Jobs

New Year, Same Focus Even though the calendar pages have turned, the key themes driving financial markets in these early January days look to remain the same: Consumer strength, corporate earnings growth, and risks to the Federal Reserve’s dual mandate of price stability and maximum employment will likely continue to drive markets.  This week brings…Read more

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Week Ahead on Wall Street: All About Jobs

Americans Are Out of Savings

Americans Are Out of Savings

Cash Crunch U.S. bank accounts were flush with savings to the tune of $2.1 trillion following the pandemic. Those savings have now run dry, according to the Federal Reserve Bank of San Francisco. And that’s having a profound impact on consumer spending and the overall economy. Consumer Contractions First things first: The reason economists worry…Read more

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Americans Are Out of Savings
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