Despite last week’s encouraging CPI release showing further moderation in consumer price growth, U.S. equity markets logged a second consecutive week of losses as recession concerns grew in response to the Federal Reserve maintaining aggressive monetary policy pressure amid signs of weakening growth.

While you’re putting together your New Year’s Resolutions, why not add a new budget or new investments to the list? Michael Joyce, President of First Merchants Private Wealth Advisors, says coming up with a solid financial plan can go a long way towards starting the year off right.

U.S. equity markets slumped lower to close out the worst weekly performance since late September as recession fears resurfaced after producer price inflation came in hotter than expected on Friday.

U.S. equity markets continued to push higher, largely buoyed by Fed Chair Powell’s speech this past week. On Wednesday, Powell noted that moderating the pace of rate hikes could come as soon as December, but there is still a long way to go to restoring price stability.

U.S. equity markets continued to push higher amid a quiet, holiday-shortened trading week as investors gauged Black Friday reports for indications of how U.S. consumer spending is holding up in an important holiday season.