Mar 30, 2023 | Wealth Management
Stocks closed out March with all three major market indexes higher than they were at the end of February, as the turmoil caused by the collapse of Silicon Valley Bank was contained, at least for now. The banking turbulence may well weigh on lending conditions in the...
Mar 26, 2023 | Wealth Management
Russia and China got into a love fest this week. Led by two crooks – one who caused Covid, killed millions around the world but denied it, and the other who invaded Ukraine, killed hundreds of thousands innocent civilians and continues to pursue an unwinnable...
Feb 26, 2023 | Wealth Management
Following last week’s CPI report for January that reflected an inflation rate of 6.4%, higher than expected and only slightly less from 6.5% in December, Core Personal Consumption Expenditure (PCE) data was released this week. PCE, the central bank’s preferred...
Feb 17, 2023 | Wealth Management
It all seems too easy – after months of sky-high inflation, prices are finally coming down after the Fed hiked interest rates eight times. Fed Chair Jay Powell’s comment that he is already seeing signs of pricing pressure cooling off emboldened investors into...
Feb 5, 2023 | Wealth Management
The Fed, which has long held the position that consumers would have to endure significant pain in order to control inflation flipped a switch on Wednesday citing that measurable progress has been made on disinflation to warrant a dovish stance on interest rates for...
Jan 8, 2023 | Wealth Management
With few exceptions, the best and brightest in stock and bond markets failed to appreciate how the outbreak of inflation would upend the investing world in 2022. They failed to anticipate how the Fed would react, thinking rate hikes would be measured rather than...
