Though January was marked by a steady climb in the stock market after a December selloff, the month seemed charged with uncertainty as major geopolitical questions remained unanswered and consumer confidence appeared to waver.
Turmoil struck the markets in December as the Fed raised interest rates again. Stocks sank sharply amid worries about the economy, China tariffs, and more potential rate hikes next year.
Gross domestic product (GDP) data is key to understanding the health of the U.S. economy, but may not be so critical for stock market traders and investors.
The annual Jackson Hole Economic Symposium, hosted by the Kansas City Fed, pulled together central bankers and economic policymakers from across the world. Here’s what transpired at the 2018 gathering.
It’s that time of year again, and the question, as always, is how wide will consumers open their wallets? Spending has been strong.
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