Happy New Year – January 2025
Happy New Year from everyone at KLCM Advisors, Inc.!
The beginning of the year is always a good time to review your portfolio and financial goals. Please feel free to reach out with questions or to set up a portfolio review meeting. Happy New Year!
As expected, the Federal Reserve raised interest rates by 0.25% at their meeting Wednesday, March 16th. The median dot plot, the forward view of rate increases projected by policymakers, now expects six additional hikes in 2022 and 3-4 in 2023,…
On Friday, February 04, 2022, the Labor Department reported that the U.S. economy added 467,000 jobs in January. This far exceeded expectations of near-zero additional jobs. The unemployment rate increased to 4% from 3.9%, indicating more people…
During the Federal Reserve (Fed) meeting on Wednesday, January 26, the Fed set expectations for a March 2022 interest rate increase. The Fed highlighted the strong labor market and inflation levels that are well above targets as reasons to begin…
On Wednesday, December 15, the Federal Reserve (Fed) announced it will accelerate the pace (tapering) of its monthly bond purchases. In November, the Fed announced it would begin reducing its purchases of Treasury bonds by $10 billion per month and…
On Wednesday, November 3, the Federal Reserve (Fed) announced it would begin slowing the pace (tapering) of its monthly bond purchases. Currently, the Fed is purchasing $120 billion a month of securities split between Treasury bonds ($80 billion)…
The upward trend in economically sensitive stocks paused during the third quarter. The market has had to come to grips with a resurgence in COVID-19 via the delta variant, uncertainty emanating from Washington D.C. surrounding fiscal spending and…
