Weekly Market Snapshot

Market Commentary by Scott J. Brown, Ph.D., Chief Economist As expected, the Federal Open Market Committee raised the target range for the federal funds rate by 50 basis points (to 0.75-1.00%), indicated that it anticipates “ongoing increases” in rates at future policy meetings, and announced the start of balance sheet reduction (“quantitative tightening”). Asked about […]

PPG Quarter 4 2021 Market Overview and Analysis

Quarter 4 2021 Market Overview Earnings, Economic Growth and Vaccines Push Stocks to New Records I hope this letter finds you all safe and healthy as we flip the calendar to 2022. I sincerely hope the day will come soon where I don’t open this letter by mentioning Covid, but alas here we are. The […]