The following is a monthly economic outlook provided by Scott J. Brown, chief economist and senior vice president of equity research at Raymond James & Associates Inc.
The following is a daily market commentary by Scott J. Brown, chief economist and senior vice president of equity research at Raymond James & Associates Inc.
The following is a daily market commentary by Scott J. Brown, chief economist and senior vice president of equity research at Raymond James & Associates Inc.
Scott J. Brown, chief economist and senior vice president of equity research at Raymond James & Associates Inc., offers his daily market commentary.
After the close, the Fed's Board of Governors raised the discount rate.
The target for the federal funds rate (the overnight market rate that banks charge each other for borrowing excess reserves) has, since 1994, been the main monetary policy tool for the Federal Reserve.
The advance figure for fourth quarter growth surprised to the upside, although the story was largely as anticipated.
Unlike the numbers for January, any data showing lackluster home sales in February can't be fobbed off on the weather
