Joseph Brusuelas

The Labor Department on Tuesday reported a 6% year-over-year increase in the consumer price index (CPI) for February. The SPDR S&P 500 (NYSE: SPY) is moving higher as expectaions for a less aggressive Federal Reserve continue to climb. Four experts laid out their...

The Labor Department on Thursday reported a 6.5% year-over-year increase in December's consumer price index (CPI). Meanwhile, the SPDR S&P 500 (ARCA: SPY) is volatile as investors shift their attention to how the Federal Reserve will respond. Four experts...

The Labor Department on Tuesday reported a 7.1% year-over-year increase in the November consumer price index. The SPDR S&P 500 (NYSE: SPY) soared on the release before pulling back as investors fixate on the Federal Reserve's next move.  What Happened: The headline CPI...

The Labor Department on Thursday reported an 8.2% year-over-year increase in the consumer price index for September, which sent the SPDR S&P 500 (NYSE: SPY) tumbling lower.  What Happened: The headline CPI rose 8.2% in September, down from 8.3% in August...

The Labor Department on Tuesday reported an 8.3% year-over-year increase in the consumer price index for August, which sent the SPDR S&P 500 (NYSE: SPY) and the Invesco QQQ Trust (NASDAQ: QQQ) spiraling lower.  The headline CPI rose 8.3% in August, down from 8.5% in July,...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 1% Friday morning after the Labor Department reported strong U.S. jobs market numbers from May. The U.S. added 390,000 jobs in May, beating consensus economist estimates of 325,000 jobs. The U.S. unemployment rate remained at 3.6%, slightly...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.5% Friday morning after the Labor Department reported strong U.S. jobs market numbers from April. The U.S. added 428,000 jobs in April, beating consensus economist estimates of 400,000 jobs. The U.S. unemployment rate remained at 3.6%,...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 2.1% on Thursday after the Commerce Department said U.S. GDP declined 1.4% in the first quarter. What Happened: U.S. GDP unexpectedly declined 1.4% in the first quarter, falling well short of consensus economist estimates of 1% growth....

Skyrocketing oil and gasoline prices have some Americans calling for a return to the pricing controls of the 1970s. Joseph Brusuelas, principal and chief economist for RSM US LLP, discussed price controls in a new blog post this week and outlined exactly why they are a bad idea. What Are Price...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.4% Friday morning after the Labor Department reported lackluster U.S. jobs market numbers from March. The U.S. added 431,000 jobs in March, missing consensus economist estimates of 490,000 jobs. The U.S. unemployment rate dropped to 3.6...

For more than a year, the U.S. Federal Reserve reassured investors that post-COVID-19 pandemic inflationary pressures were transitory. However, Joseph Brusuelas, principal and chief economist for RSM US LLP, said Tuesday that the Russian invasion of Ukraine may have assured investors inflation...

The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded lower by 1.2% on Thursday morning after the Labor Department reported a 7.9% increase in the consumer price index in the month of February, the largest inflation growth since 1982. What Happened: The headline CPI rose 7.9% in February, above...

The SPDR S&P 500 ETF Trust (NYSE: SPY) lost ground once again Tuesday as investors try to get a clear picture of just how much of a negative economic impact the omicron variant of COVID-19 will have on the global economy. Near-Term Weakness: Omicron was a major topic at the BNP Paribas 2022...

President Joe Biden announced Monday he will be renominating Federal Reserve Chairman Jerome Powell for a second term as Fed chair and will nominate Fed Governor Lael Brainard as vice chairman. Biden was widely expected to nominate either Powell or Brainard for the position of Fed chair. Powell was...

After decades of lagging growth, wages have finally started to climb in 2021 as a record number of U.S. jobs remain unfilled. On Tuesday, Joseph Brusuelas, chief economist for RSM US LLP, said the era of surplus U.S. labor is drawing to a close and a $15 minimum wage is becoming the new...