In this week’s recap: Bad news gives markets a one-two punch. Weekly Economic Update Presented by Marc Aarons, March 13, 2023   THE WEEK ON WALL STREET Stocks tumbled last week as investors reconsidered their interest rate expectations after Fed Chair Powell’s Congressional testimony that rates may need to go higher. Stocks also were rattled […]

The Fed Makes Its Move Provided by Marc Aarons   The Federal Reserve recently announced that for the first time in three years, it would increase short-term interest rates by a quarter of a percentage point. In addition, the Fed has stated that it would like to see short-term interest rates near 2% by the […]