Slagle Financial
Blog

Fed Moves Up First Rate Hike

By Chad Slagle | June 21, 2021 |

Thought of the Week / June 18, 2021 Fed Moves Up First Rate Hike On June 16th, the Federal Reserve issued a press release following the conclusion of their 2-day meeting. They maintain the belief that the recent spike in inflation is the result of temporary factors. They stated that they remain committed to achieving maximum employment and…

4 Things to Know for June

By Chad Slagle | June 17, 2021 |

Thought of the Week / June 10, 2021 May 2021 Market Recap: o    SP 500 performance: 0.50%o    Dow Jones Industrial Average: 1.90%o    Nasdaq: -1.5%o    iShares Core U.S. Aggregate Bond ETF: 0.20%Market Recap Source  Events this Months:  Federal Reserve Announcement – June 2The federal reserve announced on Wednesday that they are going to start selling part of their…

What is cryptocurrency?

By Chad Slagle | June 17, 2021 |

Thought of the Week / May 27, 2021 What is cryptocurrency? On May 23, Bitcoin was down more than 50% from it’s all-time high of $64,824 in mid-April and Dogecoin fell to 29 cents, down 60% from its peak earlier this month. Because of these all-time highs and lows, cryptocurrency has been in the headlines a lot. So what exactly…

Inflation is at a 12-year high

By Chad Slagle | June 17, 2021 |

Thought of the Week / May 21, 2021 Inflation is at a 12-year high On Wednesday, May 12, the Bureau of Labor Statistics released numbers indicating that the Consumer Price Index for all Urban Consumers – All Items Index (CPI-U) has risen 4.2% since this time last year. This is the largest 12-month increase of inflation since…