Fifth Third Private Bank

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[Fifth Third Private Bank @53PrivateBank]

@MiChElLeMoMoFaa Michelle - We're sorry to hear that you're unhappy. We'd like to help resolve any issues you're experiencing. Please give us a call at 877-833-9973. Thank you for giving us the opportunity to make things right. We're here to support you every step of the way. https://t.co/R1DSi9Yjrf

[Fifth Third Private Bank @53PrivateBank]

@sherifElma15965 Thank you for reaching out to us! For assistance with your inquiry, please call our team at 877-833-9973. We're here to help! https://t.co/R1DSi9Yjrf

[Fifth Third Private Bank @53PrivateBank]

US #equities were lower last week as the S&P and Nasdaq both posted declines after back-to-back weekly gains. Listen to this week’s full #EconomicBeat or read the transcript. #economy
https://t.co/oMW0murNMn

[Fifth Third Private Bank @53PrivateBank]

US equities were higher for the second straight week, lifted by strong earnings and higher-than-expected consumer spending growth. Listen to this week’s full #EconomicBeat or read the transcript. #economy https://t.co/AGdqCexPXx

[Fifth Third Private Bank @53PrivateBank]

The average 30-year fixed #mortgage rate is now over 7%, compared to roughly 3% at the start of this year. Listen to this week’s full #EconomicBeat or read the transcript. https://t.co/nwmVLFyybx

[Fifth Third Private Bank @53PrivateBank]

US equities were mostly lower last week. The S&P 500 jumped 5 percent after touching a fresh year-to-date intraday low. Listen to this week’s full #EconomicBeat or read the transcript. https://t.co/H6WLKvehnA

[Fifth Third Private Bank @53PrivateBank]

Major U.S. equity indices fell last week, capping a rocky third quarter for financial markets. Listen to this week’s full #EconomicBeat or read the transcript. https://t.co/TjDNhes1Lt

[Fifth Third Private Bank @53PrivateBank]

The market was in risk-off mode last week, with a hotter-than-expected August CPI #inflation report on Tuesday sparking a big selloff. The S&P 500 logged its worst session since June 2020. Listen to this week’s full #EconomicBeat or read the transcript. https://t.co/lA00ryTEcE

[Fifth Third Private Bank @53PrivateBank]

While last week’s market action may prove to be a #bearmarket bounce, investors were encouraged by further evidence of peak #inflation and solid labor market data. Listen to this week’s full #EconomicBeat or read the transcript. https://t.co/W0V5iLldF6

[Fifth Third Private Bank @53PrivateBank]

The benchmark S&P 500 Index fell 4.0% in total return for the week, while the blue-chip Dow Jones Industrial Average lost 4.2%. Listen to this week’s full #EconomicBeat or read the transcript. https://t.co/q12EFtPX1f

[Fifth Third Private Bank @53PrivateBank]

The major averages were all lower last week, with the S&P 500 and Nasdaq down after four-straight weeks of gains. Listen to this week’s full #EconomicBeat update or read the transcript. https://t.co/i2t3xQ7ZB7?

[Fifth Third Private Bank @53PrivateBank]

This four-week winning streak for stocks is the longest since November. Listen to this week’s full #EconomicBeat update or read the transcript. https://t.co/73pVC4Dw2w

[Fifth Third Private Bank @53PrivateBank]

Despite the recent announcements of layoffs and hiring slowdowns from corporate America, employment returned to pre-pandemic levels last month. Over 528,000 jobs were created in July. Listen to this week’s full #EconomicBeat update or read the transcript. https://t.co/ivyGQuSwhJ

[Fifth Third Private Bank @53PrivateBank]

This was the second quarter in a row of a negative GDP reading in the U.S., which many investors define as a definition of a #recession. Listen to this week’s full #EconomicBeat update or read the transcript. https://t.co/Fr7KsM3rnw?

[Fifth Third Private Bank @53PrivateBank]

The spread between the 2-year and 10-year U.S. Treasury yields remained negative, a historical indicator that a #recession may be coming. Listen to this week’s full #EconomicBeat update or read the transcript. https://t.co/qGjhaWrZVU

[Fifth Third Private Bank @53PrivateBank]

U.S. CPI accelerated to a 40-year high of 9.1% year-over-year in June, the @BLS_gov reported last Wednesday. Listen to this week’s full #EconomicBeat update or read the transcript. https://t.co/HaIsEyssof

[Fifth Third Private Bank @53PrivateBank]

@BDWickizer Hi Ben - I'm concerned about your message and would like to understand what happened. Please call our private bank team at 877-833-6197. Thanks for letting us know! https://t.co/R1DSi9Yjrf

[Fifth Third Private Bank @53PrivateBank]

The most important economic release of the week was June's nonfarm payrolls report, which showed a headline gain of 372K jobs, notably stronger than the 275K consensus. Listen to this week’s full #EconomicBeat update or read the transcript. https://t.co/e0vj6Ywcnh

[Fifth Third Private Bank @53PrivateBank]

U.S. equity markets rose last week, recovering somewhat after sharp losses in the previous week when the S&P logged its worst weekly performance since March 2020. Listen to this week’s full #EconomicBeat update or read the transcript. https://t.co/QFTLJxBauI

[Fifth Third Private Bank @53PrivateBank]

Major U.S. equity indices dropped sharply last week, after piping hot #inflation data raised #recession fears. Listen to this week’s full #EconomicBeat update or read the transcript. https://t.co/9kE8fHRvKW