Mar 30, 2025 | Wealth Management
On Friday, the core personal consumption expenditures index (PCE), the preferred inflation gauge of the Federal Reserve, rose 0.4% on the month, hotter than the 0.3% estimate, with an annual increase of 2.8%, above the 2.7% estimate. This follows on the heels of...
Mar 24, 2025 | Wealth Management
Wall Street on Friday managed to snap a four week losing streak, with the S&P 500 just about making it into positive territory after ending in correction territory last week.The Federal Reserve played a big role in helping the S&P’s weekly advance. The...
Mar 9, 2025 | Wealth Management
Tariff uncertainties and mixed economic data slammed sentiment this week. Donald Trump’s back-and-forth over tariffs against Canada and Mexico has stoked confusion in traders. Markets have now given up all the gains sparked by Trump’s election victory in November last...
Feb 23, 2025 | Wealth Management
Wall Street on Friday slipped to a loss for the week, as sentiment took a hit due to weak economic data, another Federal Reserve signal that there would be no more interest rate cuts, tariff developments, and weak guidance from Walmart. Donald Trump continued to...
Feb 16, 2025 | Wealth Management
It was a week dominated by Donald Trump’s announcements on tariffs. On Monday, he announced 25% levies on all steel and aluminum imports into the U.S. On Thursday, he signed a memorandum that tasked his administration with investigating current trade relations...
Feb 9, 2025 | Wealth Management
Trump dominated headlines this week with his tariff moves. Last weekend, a 25% tariff on Canada and Mexico went into effect, but both North American nations showed a willingness to work with Trump, leading to a delay in the implementation of the tariffs. Trump also...
