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Weekly Market Recap – July 1, 2022
Weekly Market Recap – July 1, 2022 The U.S. Supreme court ruled to limit the ability of the Environmental Protection Agency to regulate carbon emissions from power plants. Chief Justice John Roberts...
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Weekly Market Recap – July 8, 2022
Weekly Market Recap – July 8, 2022 Shinzo Abe, Japan’s former prime minister, was assassinated while giving a public speech on Friday. On Thursday, UK Prime Minister Boris Johnson announced he would...
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Weekly Market Recap – July 15, 2022
Weekly Market Recap – July 15, 2022 Inflation topped the headlines this week as soaring U.S. consumer prices hit levels not seen in 40 years, thus prompting more concerns about the anticipated rise of...
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Weekly Market Recap – July 22, 2022
Weekly Market Recap – July 22, 2022 The European Central Bank raised its three interest rates by half a percentage point. Mario Draghi resigned from his position as Italy’s prime minister. Ayatollah...
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Weekly Market Recap – July 29, 2022
Weekly Market Recap – July 29, 2022 U.S. Senator Joe Manchin (D-WV) struck a deal with fellow Democrats on a climate and tax package. The Senate passed a bill to provide $52 billion in subsidies to...
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Weekly Market Recap – August 5, 2022
Weekly Market Recap – August 5, 2022 The Senate passed a bill to expand medical care and other benefits to 3.5 million veterans who may have been exposed to toxins from burning trash pits on U.S....
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Weekly Market Recap – August 12, 2022
Weekly Market Recap – August 12, 2022 The Senate passed the Inflation Reduction Act. This legislation includes a 15% minimum tax on large companies. It also extends subsidies for private healthcare...
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Weekly Market Recap – August 19, 2022
Weekly Market Recap – August 19, 2022 China’s economic slowdown has contributed to the drop in global oil demand; crude oil prices have slumped back to where they were when Russia invaded Ukraine in...
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Weekly Market Recap – August 26, 2022
Weekly Market Recap – August 26, 2022 On Wednesday, the six-month mark since Russia invaded Ukraine; President Putin ordered the Russian military to increase its forces by 137,000 new troops (+10%). In...
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Weekly Market Recap – September 2, 2022
Weekly Market Recap – September 2, 2022 On Friday, the G7 agreed to place a price cap on Russian oil, in line with the West’s concerted efforts to use economic sanctioning to pressure President Putin....
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Weekly Market Recap – September 9, 2022
Weekly Market Recap – September 9, 2022 Queen Elizabeth II died on Thursday at the age of 96. She was Britain’s longest-serving monarch, having reigned since 1952. Prince Charles ascended to the throne...
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Weekly Market Recap – September 16, 2022
Weekly Market Recap – September 16, 2022 The prospect of an imminent railway strike captured the financial news headlines early in the week until Thursday when a solution brokered by the White House...
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Weekly Market Recap – September 23, 2022
Weekly Market Recap – September 23, 2022 Concerns about a global recession were sparked by the move by central banks around the world to raise interest rates and intervene in foreign exchange markets,...
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Weekly Market Recap – September 30, 2022
Weekly Market Recap – September 30, 2022 On Monday, the British Pound sank to a record low of £1.03 per USD. To bolster the UK economy, on Wednesday, the Bank of England announced a £65 billion...
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Weekly Market Recap – October 7, 2022
Weekly Market Recap – October 7, 2022 The U.S. gross national debt exceeded $31 trillion for the first time, nearing the statutory $31.4 trillion ceiling placed by Congress. Saudi Arabia and Russia,...
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Weekly Market Recap – October 14, 2022
Weekly Market Recap – October 14, 2022 On Monday, Russia launched a barrage of missile attacks that hit Kyiv as well as ten other Ukrainian cities. According to President Putin, the strikes were in...
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Weekly Market Recap – October 21, 2022
Weekly Market Recap – October 21, 2022 After six weeks as the British prime minister, Liz Truss resigned her post, making her the shortest-serving PM in the nation’s history. Her plans for tax cuts and...
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Weekly Market Recap – October 28, 2022
Weekly Market Recap – October 28, 2022 The average 30-year mortgage rate soared beyond 7%, its highest level since 2002. Britain’s Conservative Party selected Rishi Sunak as the next prime minister; he...
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Weekly Market Recap – November 4, 2022
Weekly Market Recap – November 4, 2022 Russia’s President Putin suspended the Ukraine grain export deal, only to reverse his position a few days later, causing a volatile whipsaw in international wheat...
View ArticleWeekly Market Recap – September 2, 2022
Weekly Market Recap – September 2, 2022 On Friday, the G7 agreed to place a price cap on Russian oil, in line with the West’s concerted efforts to use economic sanctioning to pressure President Putin....
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