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Tag: Ed Siddell

The Fed Hits Pause—Again on Interest Rates

The Federal Reserve is holding interest rates steady at 4.25% to 4.5%, resisting pressure from President Trump to cut.

Read More The Fed Hits Pause—Again on Interest Rates
Currency traders show stacks of US dollars at the currency exchange centre in Herat city on August 4, 2022. (Photo by Lillian SUWANRUMPHA / AFP) (Photo by LILLIAN SUWANRUMPHA/AFP via Getty Images)

Consumer Sentiment Dips, Raising Concerns About The Economy

Consumer sentiment is down. It stands at 68.10, which is a slight decrease from 69.50 last month.

Read More Consumer Sentiment Dips, Raising Concerns About The Economy
Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 16, 2020 at Wall Street in New York City. - Trading on Wall Street was halted immediately after the opening bell Monday, as stocks posted steep losses following emergency moves by the Federal Reserve to try to avert a recession due to the coronavirus pandemic.Just after the opening bell, the S&P 500 was at 2,490.47, a drop of 8.1 percent and beyond the seven percent loss that automatically triggers a 15-minute trading halt. (Photo by Johannes EISELE / AFP) (Photo by JOHANNES EISELE/AFP via Getty Images)

GDP Revised Down And Economic Challenges Persist: Insights From EGIS Financial CEO

GDP Slows at 2.1%: U.S. Economy Shows Contraction from Initial 2.4% Estimate. Household and Credit Card Debt Peaks; U.S. Credit Rating Downgraded.

Read More GDP Revised Down And Economic Challenges Persist: Insights From EGIS Financial CEO
A Chinese bank employee counts 100-yuan notes and US dollar bills at a bank counter in Nantong in China's eastern Jiangsu province on August 28, 2019. - China's currency slid on August 26 to its weakest point in more than 11 years as concerns over the US trade war and the potential for global recession weighed on markets. (Photo by STR / AFP) / China OUT (Photo by STR/AFP via Getty Images)

One-on-one with Ed Siddell, CEO & Chief Investment Advisor at  EGSI Financial

Another key economic number out today, The Consumer Sentiment Report, or how optimistic Americans are about the economy went up ever so slightly.

Read More One-on-one with Ed Siddell, CEO & Chief Investment Advisor at  EGSI Financial
A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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