Financial Market Update – Week of 11/18/2024 Presented by Marc Aarons Major U.S. stock indexes digested monthly inflation data last week, and market participants reacted to comments made by Fed Chair Powell. There was plenty of market-moving action last week, so let’s get to it with a quick update! Tallying last week, the S&P […]
A look at China’s unexpected move & its potential impact. Provided by Marc Aarons @ Money Managers Inc. China has surprised global investors by weakening the yuan almost 5%. Its central bank may even weaken it further.1,5 Why did the PRC make this move? Its long-booming economy is in a slump. Most notably, Chinese exports […]