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October Overview: WIA MARKET UPDATE

November 2, 2022Market Summary: Overall, October featured hotter-than-expected inflation data, mixed earnings results, and higher equity index pricing, with notable strength in industrial sectors. In particular, hopes that the Federal Reserve would slow the pace of rate hikes played a key role in market sentiment for the month.As for the stock market, we ....

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Interest Rates Move Higher – Again!

The Markets It’s the lag time. To no one’s surprise, the Federal Reserve continued to battle inflation last week, raising the federal funds rate for the fourth time this year, reported Claire Ballentine of Bloomberg. The Fed is making borrowing more expensive to dampen demand for goods, which should lower inflation – but ....

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