Capital markets perspective: False alarm The market’s lack of reaction to the government shutdown is by itself interesting for what it says about what matters to investors: Persistent fears that the U.S. economy is lurching its way toward recession. More on the shutdown, housing market and jobs report in this week's edition.
Capital markets perspective: Higher for longer When Fed Chairman Jerome Powell continually warned that the Fed was more inclined to keep rates high longer than markets seemed to expect, investors didn’t really worry too much. Now, the market’s view that the Fed would probably start cutting rates sometime after New Year’s Day looks quite a bit more tenuous than it once did.
Capital markets perspective: Strike one Prices at the consumer level rose 0.6% in August, faster than at any point in more than a year. At the producer level, things were even worse: PPI rose 0.7%, also the biggest increase since last summer.
Capital markets perspective: Full faith and credit Both “faith” and “credit” took a hit last week, and it’s probably not great news for the economy at the margin. But that other element of the economy that everyone’s so focused on right now – jobs – really didn’t suffer any major blows at all.
July market recap Stocks powered higher in July, invigorated by signs that the central bank’s battles against inflation may prove successful without dumping the economy into recession.
Capital markets perspective: Soft landing or economic doom? A philosophical disagreement about the future path of U.S. growth has sprung up between those who view a recession as unlikely and others who hold onto an apocalyptic prediction. At least one thing is certain: This is the debate that’s currently driving markets.
Markets: April-June '23 review & outlook Get insights from the Empower Personal Wealth chief financial officer on recent happenings in finance, on everything from inflation to AI.
Capital markets perspective Looking for the latest in the markets? Get perspective with Empower's portfolio strategist.
June market recap Help inform your financial plan with a quick recap of the news you need to know about last month's economy and financial markets.
May market recap Help inform your financial plan with a quick recap of the news you need to know about last month's economy and financial markets.
Capital markets perspective: Kicking the can Looking for the latest in the markets? Get perspective with Empower's portfolio strategist.
Capital markets perspective: Wait-and-see in waffling economy Looking for the latest in the markets? Get perspective with Empower's portfolio strategist.
