Weekly Update: March 19th, 2023

Weekly Update: March 19th, 2023

What a week it has been for the economy and the banking sector. Volatility seems to be the norm as the banking system underwent a roller coaster ride last week with the collapse of Silicon Valley Bank (SVB). As the banking sector faced massive scrutiny, discussions...
Weekly Update: March 12th, 2023

Weekly Update: March 12th, 2023

This week brought mixed reactions from investors and analysts as economic reports revealed conflicting trends in the market. While more jobs were created than expected in February, the unemployment rate increased from 3.4% to 3.6%. Fed Chairman Jerome Powell’s...
Weekly Update: March 4th, 2023

Weekly Update: March 4th, 2023

It’s finally March, and signs of spring are here; however, that didn’t stop Mother Nature from delivering a final snowstorm out West and in the Midwest. As we closed out February, stocks ended the month in the red. Stock volatility is something we’re...
Weekly Update: February 26th, 2023

Weekly Update: February 26th, 2023

We saw mortgage rates rise for the third consecutive week landing at 6.5%. The Fed has continuously raised interest rates for months to curb record-high inflation. As interest rates rise, it becomes more expensive for individuals to borrow money resulting in higher...