Comerica Wealth Management

Markets Are 'Ripe For Negativity,' But Financial Expert Urges Investors To 'Pick Up Some Deals'
Biden Optimistic About Debt Ceiling Deal Ahead Of Key Tuesday Meeting, But Republicans Aren't Buying It
3 Economists React To February Jobs Report: 50-Basis-Point Interest Rate Hike 'Still On The Table' For Fed
Biden Optimistic About Debt Ceiling Deal Ahead Of Key Tuesday Meeting, But Republicans Aren't Buying It
3 Economists React To February Jobs Report: 50-Basis-Point Interest Rate Hike 'Still On The Table' For Fed
The Market Is Now Pricing In a 1% July Interest Rate Hike Following Red-Hot CPI Inflation Reading
S&P 500 Rebound? Comerica Projects 5% To 11% Gains By Year's End

Comerica Wealth Management Recent News

Federal Reserve Raises Interest Rates By 0.5% For First Time In More Than 2 Decades
The Federal Reserve raised its target fed funds rate by 0.5% on Wednesday to a new range of between 0.75% and 1.0%, its first rate hike of at least half a percentage point in more than 20 years. The Fed also said it will begin reducing the size of its balance sheet starting on June 1.
'Probability Of Stagflation Is Increasing': Experts React To 8.5% CPI Inflation, Highest Since 1981
The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded higher by 0.9% on Tuesday morning after the Labor Department reported an 8.5% increase in the consumer price index in the month of March, the highest inflation growth since 1981.
What 9.7% PPI Inflation Means For Investors
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Tuesday after the U.S. Labor Department reported a 9.7% increase in the producer price index in the month of January, far outpacing economist expectations.
US Adds 467,000 Jobs In January: 'Good For The Economy, But Not For Markets'
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.2% Friday morning after the Labor Department reported encouraging U.S. jobs market numbers from January.
Gold Is Outperforming Bitcoin And The Stock Market In The Past 3 Months: What's The Better Hedge?
In the past three months, investors have grown increasingly concerned about the negative potential impact of elevated inflation levels and rising interest rates in 2022. But while stock prices and cryptocurrency prices have lagged, gold has outshined them both.
Are True Inflation Levels Higher Than CPI Suggests?
The U.S. Labor Department reported on Wednesday a 7% increase in the consumer price index (CPI) in the month of December, the fastest inflation growth since 1982. Some investors are concerned true inflation levels are higher than the CPI suggests.
'Risks Are Rising': Experts React To 7% CPI Inflation, Highest Since 1982
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.4% on Wednesday morning after the Labor Department reported a 7% increase in the consumer price index in the month of December, the fastest inflation growth since 1982.
US Adds Just 199,000 Jobs In December, Unemployment Rate Falls To 3.9%
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.3% Friday morning after the Labor Department reported disappointing U.S. jobs market numbers from December.