Twenty Countries with PMIs in Contraction – Good for US Manufacturing? RedStone Resource December 16, 2022 Inside This EditionFederal Reserve Does Not Ease Market Tension The Federal Reserve hiked interest rates by 50 basis points as expected, the Federal Funds Effective Rate is now at 4.28% and is likely to continue to increase until the…
Rail Strike Likely Averted, Hurdles Remain RedStone Resource December 2, 2022 Inside This EditionChina Easing Zero Covid Restrictions – Mixed News for the Global Supply Chain The Chinese government has said that it will begin to ease restrictions in its zero-Covid policy. Protests across the country likely weighed heavily on the decision to publicly start…
Consumer Spending Continues to Surprise Despite Inflation Headwinds RedStone Resource November 21, 2022 Inside This EditionInflation Remains High Despite Some Softening in October The Consumer Price Index for October came in 7.8% higher year-over-year, this was down from an 8.2% inflation rate in September and this reversal of trend changed sentiment in the stock market.…