Inflation is Easing But Not Enough
Inflation remains the primary concern and for now, the Fed is willing to sacrifice economic growth to get inflation back closer to 2%.
Getting the Jobs Market Back into Balance
The economy is starting to experience a larger labor force as individuals come off the sidelines and rejoin the job market.
Top Ten Housing Districts
Existing home sales in July fell over 20% from a year ago to an annualized rate of 4.81 million. Outside of the onset of the pandemic, the July sales rate was the lowest since late 2015 when the real estate market was recovering from the Great Financial Crisis.
New Bull or Bear Rally?
After the summer rebound in stocks, investors are asking whether this is a bear market rally that will soon fizzle or the start of a new bull market.
Midyear Outlook 2022: Navigating Turbulence
We may not be flying into a storm, but there’s been plenty of turbulence this year. How businesses, households, and central banks steer through the rough air will set the tone for markets over the second half of 2022.
Relief at the Pump and for Portfolios?
We see some early signs that energy trends could be changing, which would not only have positive implications for consumers’ wallets, but also potentially investors’ investment portfolios.
4 Important Takeaways from the Fed’s 0.75% Hike
The Federal Reserve concluded its two day policy meeting yesterday and announced it was raising its benchmark rate by 0.75%. Here are four observations about yesterday’s rate hike.
Do Investors Think The Fed’s Hammer Works Like A Screwdriver?
The Fed is equipped with blunt instruments – like a hammer – to address their dual mandates of price stability and full employment through various means. The Fed does not have a precision tool – like a screwdriver – to control supply chains.
Moderating Inflation Should Provide Boost in Consumer Confidence
A slight moderation in inflation will likely provide some needed boost in consumer confidence but we may have to wait another month. The April inflation report was not as soft as many hoped.
Federal Reserve Meeting Recap: An Historic Rate Hike
The Federal Reserve ended its two-day Federal Open Market Committee meeting yesterday with a 50 basis point (0.50%) hike in short-term interest rates — broadly in line with market expectations.