Centier News
U.S. Financial Market Update: The Week Ahead January 30, 2023 –WEDNESDAY FED RATE DECISION: A 0.25% Fed rate hike this week is fully baked into market expectations. According to the CME FedWatch Tool, fed funds futures pricing indicates a 99.6% probability the Federal Open Market Committee (FOMC) will increase its policy rate by 25 basis points to a...
U.S. Financial Market Update: Week in Review January 3, 2023 The fabled Santa Claus rally proved elusive for U.S. stock markets in the final trading week of the year, as the S&P 500 fell 0.1% for its fourth consecutive weekly loss. Higher Treasury yields and concerns about the potential for new strains of COVID-19 spawned by the current Chinese outbreak...
A short course in fiduciary duties December 5, 2022 The “fiduciary standard” is the highest standard of care recognized by the law. A salesman is under no obligation to determine that his product is appropriate for a buyer, that the buyer can afford it, or that the purchase is in the best interest of the buyer. A fiduciary does have those...
Social Security COLA for 2023 December 5, 2022 The Social Security Administration has announced an 8.7% benefit increase for 2023, based upon inflation for the twelve months ending September 30, 2022. It’s the biggest cost of living adjustment (COLA) since 1981. For the average worker, the increase comes to about $140 per month.
With...
The History of Fighting Serious Inflation August 11, 2022 A year ago, government officials were saying that the sudden spurt of inflation was “transitory,” the result of temporary bottlenecks arising from ending the pandemic-inspired lockdowns. The story changed last fall, as it became obvious that there is nothing transitory about the ongoing...
