Feb 24, 2023 | Investments
US inflation is still slowing, but it isn’t going away as quickly as many may have hoped. Consumer prices in January reflected an inflation rate 6.4%, higher than expected and only slightly less from 6.5% in December. Markets were hoping for 6.2% reading and the most...
Jan 29, 2023 | Investments
The US economy is cooling just like the Federal Reserve wants, but growth hasn’t stalled—also as the Fed wants. While US gross domestic product for the last quarter exceeded estimates, the central bank’s preferred inflation measure – PCE, slowed to its lowest...
Jan 15, 2023 | Investments
Stocks pushed higher Friday as the three major market benchmarks booked their best weekly percentage gains since November. On the economic front, the University of Michigan consumer sentiment index climbed in January to its highest level in nine months, which followed...
Dec 25, 2022 | Investments
t has been a tough 2022 for investors but our clients have done better than most mutual fund and hedge fund managers. Year to date, all of our clients’ portfolios have outperformed the Nasdaq (down 34%) and 90% of our clients have outperformed the S&P 500...
Dec 4, 2022 | Investments
A speech from Fed Chair Jay Powell on Wednesday sent markets flying amid signals that the central bank could begin slowing its aggressive interest rate increases. When the dust settled at the end of the session, the Nasdaq closed up a whopping 4.4%, while the S&P...
Nov 20, 2022 | Investments
Stocks finished with modest gains Friday, but the main U.S. indexes still ended with weekly losses as doubts rose about the staying power of the recent rally sparked by signs of easing U.S. inflation. Stocks turned lower earlier in the week after St. Louis Federal...
