Check out our guides, tools and research for expert help on all your life planning and family management questions!
You can trust that Keel Points resources are timely and beneficial. Browse our collection of resources for financial news, articles, and videos.
It is sometimes difficult to know what news has the biggest impact on financial markets, but last week the S&P 500 rallied 2.8% from its low point on Wednesday on news of a debt ceiling bill passing a crucial house rules committee vote, comments by the newly...
The biggest news affecting financial markets this week is the tentative agreement to suspend the debt ceiling until January 1, 2025, along with certain limits on spending. Although legislative wrangling likely will continue through the week, it should be finalized...
Positive economic news and a belief that the U.S. will avoid a default on its debt service, as well as program and operating obligations, contributed to positive stock market gains this past week and even led some Fed officials to indicate that more interest rate...
Core CPI Inflation at 5.5% is mostly unchanged from the beginning of the year, although there are positive signs in producer prices and housing costs. Debt ceiling drama dominates economic news, driving consumer sentiment down again, and the S&P closed lower last...
The public and political rhetoric around the debt ceiling standoff contains statements that are not fully accurate or well understood. Many of the more disconcerting assertions are made to pressure Congress to increase the debt limit without conditions for spending...
As expected, the Fed raised the Fed funds rate by ¼% to a 5.00% to 5.25% target range this past week and signaled that this rate hike is likely to be its last – unless…. Its announcement dropped previous language that “some additional policy firming may be...
The U.S. economy grew at an annual rate of 1.1% in the first quarter of 2023 which was slower than expected, reflecting lower business investment in new plant, equipment and inventories. Stock markets responded positively to this news and closed up for the week. Q1...
With no significant economic news or unexpected Fed pronouncements this past week, stock markets closed essentially flat, with the S&P 500 down 0.1% and daily Q1 earnings reports pushing stock prices up or down. Year-to-date S&P stock prices are up 7.6% and up...
Last week inflation news was encouraging but not sufficiently positive to keep the Fed from tightening another 25 bp at its May 2-3 meetings. Another rate boost, coupled with slowing growth and negative first quarter earnings, will put downward pressure on stock...
The March employment and wage numbers reported last Friday confirm that the U.S. economy is slowing and inflation is coming down. Markets believe the Fed is nearing the end of its interest rate increases and will be cutting interest rates later in 2023. The 236,000...
There is positive inflation news with the February Personal Consumption Expenditures (“PCE”) deflator showing a further drop in inflation. Stock markets reacted positively and closed up for the second month in 2023. February headline and core PCE inflation were 0.3%...
The Fed announced last Wednesday that it will increase its Fed funds target by another 25 basis points, bringing it to 4.75%-5%, and indicated that another 25 bp is possible at its meeting in May. Its assurances on the stability of the banking system were not well...