Oct 1, 2023 | Wealth Management
The S&P 500 closed out its fourth consecutive week with losses, marking a nearly 5% decline for September. This performance stands as the worst monthly showing since December, reflecting investors grappling with the Federal Reserve’s message of prolonged...
Sep 17, 2023 | Wealth Management
While many investors and economists have crossed over into the sunny lands of soft landing, the major concern remains that the US consumer is about to crack. There is growing consensus that the US economy is just beginning to feel the effects of the central bank’s...
Sep 3, 2023 | Wealth Management
The labor market has been the stalwart of the US economy this year, supporting momentum that’s set it on a glide path for that Goldilocks scenario known as a soft landing. New data this week showed more people entering the workforce, increased hiring and slowing wage...
Aug 27, 2023 | Wealth Management
Stocks rallied Friday as investors welcomed comments from Federal Reserve Chairman Jerome Powell in Jackson Hole that pointed to stronger than expected economic growth. Investors cheered Powell’s confidence in continued U.S. economic growth, as he cited...
Aug 6, 2023 | Wealth Management
There’s no denying that China’s economy is struggling. Real GDP growth slowed considerably in the second quarter, as exports declined and households accumulated savings to protect against an ongoing slump in property values. Data for July point to ongoing weakness...
Jul 15, 2023 | Wealth Management
Stocks finished mixed Friday but scored solid gains for the week, as surprisingly moderate U.S. inflation data prompted hopes that the Federal Reserve could soon stop its pattern of interest rate hikes. With June consumer prices and producer prices showing smaller...
