Weekly Wrap Up for 8/26/2022

Weekly Market Recap for 8/26/2022

Items reviewed:
Major World Market Indices
https://www.investing.com/indices/major-indices

U.S. Initial Jobless Claims
https://www.investing.com/economic-calendar/initial-jobless-claims-294

U.S. Continuing Jobless Claims
https://www.investing.com/economic-calendar/continuing-jobless-claims-522

U.S. S&P Global Composite Purchasing Managers Index (PMI)
https://www.investing.com/economic-calendar/s-p-global-composite-pmi-1492

U.S. New Home Sales
https://www.investing.com/economic-calendar/new-home-sales-222

U.S. Durable Goods Orders MoM
https://www.investing.com/economic-calendar/durable-goods-orders-86

U.S. Gross Domestic Product (GDP) QoQ
https://www.investing.com/economic-calendar/gdp-375

S&P 500 Slumps as Powell Triggers Ugly Tech Selloff
https://www.investing.com/news/stock-market-news/sp-500-slumps-as-powell-triggers-ugly-tech-selloff-2881128

Fed's Powell Says Taming Inflation Could Lead to 'Some Pain'
https://www.investing.com/news/economy/feds-powell-says-taming-inflation-could-lead-to-some-pain-2880993

Good News for Seniors: RMD Formula Changing for First Time in Decades
https://finance.yahoo.com/news/good-news-retirees-rmd-formula-150000325.html

The gates of hell???—Global Macro Update
https://www.youtube.com/watch?v=Lh6Y94FI2yY

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