Wealth Archives - Page 3 of 8 - Carrick Wealth, Property and Consulting

Week in Review: Bullish US inflation data lifts investor sentiment

Data released Friday morning showed the Personal Consumption Expenditures price index, the US Federal Reserve’s preferred measure of underlying US inflation, slowing to 2.5% from a year ago in June, matching estimates from economists polled by Dow Jones.

Week in Review: Investors Hopeful as Inflation Expectations Dial Back

In June, US consumer prices fell for the first time in four years due to lower gasoline prices and moderating rents, signalling disinflationary pressures.

Week in Review: UK’s Labour wins big

Sir Keir Starmer’s Labour Party won a resounding victory in the UK’s general election, ending 14-years of turbulent Conservative rule.

Week in Review: GNU – The Wildebeest of SA Politics

The wildebeest, also known as the gnu (pronounced “NOO”), is often referred to in the South African wildlife community as a “spare parts animal”.

Week in Review: Markets Hold Strong Amid Mixed Data

U.S. markets recorded modest gains last week despite a shortened trading session due to the Juneteenth holiday closure.

Week in Review: ANC, DA & IFP sign agreement to form national government

Throughout Friday, the ANC/DA/IFP Government of National Unity (GNU) secured control of the country’s key legislatures.

Week in Review: ECB Makes Historic Independent Rate Cut

U.S. manufacturing activity declined for the second consecutive month in May, driven by the sharpest drop in new goods orders in nearly two years and an unexpected decrease in construction spending the previous month.

Week in Review: ANC loses 30-year majority

The Electoral Commission of South Africa (IEC) announced that the majority of the 27.7 million registered South Africans showed up in their numbers to mark their ballots on Wednesday.

Week in Review: Nvidia Closes Out U.S. Earnings Season with a Beat

U.S. stock markets ended the week mixed, with the Dow Jones Industrial Average recording its biggest weekly loss since early April, down 2,33%, while the NASDAQ Composite continued to march higher into record territory.

Week in Review: Resurging Inflation Concerns Subside

This week, investors remained closely attuned to Wednesday’s U.S. inflation report for April, which revealed figures largely in line with or slightly below expectations.