by David Morrison | Sep 13, 2022 | Economics & Capital Markets, Peloton Updates |
The U.S. Bureau of Labor Statistics released the Consumer Price Index (CPI) for August and reported higher than expected inflation. Headline inflation rose 8.3% year over year, while Core CPI (ex-food and energy) increased 6.3%. Month over month numbers also increased...
by David Morrison | Jun 16, 2022 | Economics & Capital Markets, Peloton Updates |
In response to higher-than-expected inflation and rising inflation expectations, the Federal Reserve raised its benchmark interest rate 0.75% in its largest increase in nearly 30 years. Fed Chairman Jerome Powell announced the committee’s decision and provided...
by Steve Carr | May 16, 2022 | Economics & Capital Markets, Peloton Updates |
“Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” – Milton Friedman How We Got Here There is only one threat driving the sharp correction in...
by David Morrison | Mar 15, 2022 | Economics & Capital Markets, Peloton Updates |
The Federal Open Market Committee (FOMC) gathers this week for the first time in 2022 (they are scheduled to meet 7 times in 2022). Federal Reserve Chairman, Jerome Powell, and committee members are tasked with their dual mandate to promote maximum employment and...
by Steve Carr | Feb 15, 2022 | Economics & Capital Markets, Peloton Updates |
“As the stock price was going the wrong way, everything inside the company was going the right way.” With these words, founder & CEO Jeff Bezos described the disconnect during the Dot-com Bubble between how Amazon’s stock (AMZN) and Amazon the company were...
by David Morrison | Dec 14, 2021 | Economics & Capital Markets, Peloton Updates |
The Centers for Disease Control and Prevention (CDC) confirmed the first United States COVID-19 case on January 20, 2020. By March 13, 2020, President Trump had declared a national emergency and the Federal Reserve (Fed) stepped in with a broad array of accommodative...
