AMSCI NEWS
by Alexandra Joop | February 2023 | Blog
February 2023 Market Update
After more than half a year of high inflation and talk of a looming recession, the U.S. economy now looks like it might actually be poised for a strong 2023.
Gross domestic product grew by a respectable 2.9 percent during the fourth quarter of 2022, the Bureau of Economic Analysis reported, down a bit from 3.2 percent during the preceding three months. Last year began with two quarters of negative growth. Continue Reading…
by Alexandra Joop | January 2023 | Blog
January 2023 Market Update
Inflation appears to be easing, but economic expectations for this year remain uncertain.
After reaching a high of 9.1 percent in June 2022, year-over-year inflation declined steadily during the second half of the year and was at 6.5 percent in December. Excluding food and energy, the rate was 5.7 percent. Continue Reading…
by Alexandra Joop | December 2022 | Blog
December 2023 Market Update
Inflation appears to finally be easing in the United States, but the Federal Reserve is continuing to tighten monetary policy.
Prices in November were 7.1 percent higher than they were a year earlier – a steep rise, but down from the spring and summer. Year-over-year inflation hit a high of 9.1 percent in June before decreasing each month since then. In October, it was 7.7 percent. Continue Reading…
by Alexandra Joop | November 2022 | Blog
November 2022 Market Update
The U.S. economy, in the third quarter, expanded for the first time this year, but there are doubts about how much to read into this seemingly good news.
Gross domestic products grew at an annualized rate of 2.6 percent from July through September, according to the Bureau of Economic Analysis. This followed contractions of 1.6 percent and 0.6 percent during the first two quarters of 2022….READ MORE