April 2024 - Market Update The road to a normal inflationary environment looks longer than it did before. The March Consumer Price Index (CPI) report showed that headline and core CPI both [...]
March 2024 - Market Update In February, the US experienced a slight acceleration in inflation. This acceleration is shown with year-over-year prices growing by 3.2%, a bit more than expected, and marking [...]
February 2024 - Market Update The jobs market continues to show remarkable resilience. In January, there were 353,000 new jobs added, the largest increase in one year1. Wages also grew by 0.6%, [...]
January 2024 - Market Update Jobs, inflation, and expectations around what the Federal Reserve may or may not do continue to be the focus of markets as 2024 begins. The latest jobs [...]
December 2023 - Market Update In their final meeting of 2023, the Federal Reserve signaled a dovish pivot by updating their interest rate projections, indicating multiple rate cuts for both next year [...]
October 2023 - Market Update September proved challenging for global stocks and bonds... It marked the worst month for stocks in a year, with the S&P 500 down 5%, and the weakest performance [...]
September 2023 Background The government is poised to shutdown if a funding bill isn’t passed by September 30th. Speaker McCarthy is attempting to corral Republican support for a bill but is facing [...]
September 2023 - Market Update Despite recent optimism about declining inflation... The Consumer Price Index (CPI) recorded its largest monthly increase this year, up 0.6% in August.1 On an annual basis, prices [...]
July 2023 - Market Update Stocks surged in the first half of the year driven by mega cap technology, or technology-adjacent, stocks. These top stocks have been dubbed the “Magnificent 7” by [...]
June 2023 - Market Update Year-over-year inflation has improved in each of the last 11 months.While prices are still increasing faster than the Fed is comfortable with, as headline prices rose 4.0% over [...]
May 2023 Background The US government is facing a critical decision regarding the debt ceiling, a cap on government borrowing that affects only the ability to pay existing bills, not to approve [...]
April 2023 - Market Update Consumers are the largest and most important part of the US economy, and their ability to drive it has been critical over the last year or so.Sentiment data [...]
