March 18, 2022 The conflict in Ukraine remained at the forefront for investors. The Federal Open Market Committee (FOMC) raised rates, but the outlook for further rate hikes is more aggressive. The FOMC raised the target range for the federal funds rate by 25 basis points (to 0.25%-0.50%) and said that it “anticipates that ongoing […]
As states reopen, many consumers will be reluctant to return to restaurants, sporting events, movies and traveling – areas that have been hit the hardest, says Chief Economist Scott Brown.
With the S&P 500 falling 27% from its record-high in February due to the coronavirus outbreak, Raymond James Chief Investment Officer Larry Adam breaks down what it all means, and what we can expect to see as we move closer toward a mild recession.