by Proactive Advisor Magazine | Jun 22, 2022 | Topping the Charts
President Biden did not hold back in remarks regarding the oil industry on June 10, saying, in part, “We’re going to make sure that everybody knows Exxon’s profits. … Exxon made more money than God this year. … One thing I want to say about the oil...
by Proactive Advisor Magazine | Jun 8, 2022 | Topping the Charts
The Bureau of Labor Statistics reported on Friday, June 3, that the U.S. economy added 390,000 jobs in May, above the Dow Jones estimate for 328,000 jobs. CNBC noted, “The unemployment rate held at 3.6%, while a more encompassing jobless rate edged...
by Proactive Advisor Magazine | May 25, 2022 | Topping the Charts
The preliminary University of Michigan consumer sentiment index fell to 59.1 in May, the lowest reading since August 2011. TABLE 1: CONSUMER SENTIMENT PRELIMINARY MAY RESULTS Source: University of Michigan According to The Washington Post, “U.S....
by Proactive Advisor Magazine | May 11, 2022 | Topping the Charts
Inflation, the Ukraine conflict, weakening consumer sentiment, the Fed’s anticipated rate-tightening cycle, faltering U.S. growth expectations, and the market’s continued poor performance have overshadowed what is turning out to be a decent Q1 earnings...
by Proactive Advisor Magazine | Apr 27, 2022 | Topping the Charts
There is a diversity of opinion on the outlook for the housing market over the next few years, given the Federal Reserve’s anticipated tightening cycle. But one thing is clear: The Fed’s recent rate hike, and those to come, have had an immediate impact...
