Whether U.S. stocks finish 2024 at new record highs depends on certain key risks unwinding in October and November.
— The final estimate for U.S. economic growth in the 2nd quarter was a strong 3% annualized, on a surge in equipment purchases by businesses and solid consumer spending.
— The Federal Reserve cut its key interest rate by 50 basis points (1/2 percentage point) and indicated more cuts like in 2024 to support job market as inflation has eas
The Federal Reserve’s 50 basis point rate cut on Wednesday caught markets off guard, as most economists and market participants had expected a 25 point move. This decisi
U.S. consumer prices rose 0.2% in August and 2.5% annualized, the lowest level of inflation since 2021. Interest on the U.S. federal debt hit a record $1 trillion for the past
What will be relevant 100 years from now? Or even 10 years from now. With so much change in the world – environmental, political, social, technological – that seems like a
As wealth advisors, we are continually aiming to expand the opportunity set for clients, meaning finding and proposing investments that offer atypical sources of return. Incre
— The U.S. economy added 142,000 jobs in August, up from just 89,000 in July, but fewer than expected; the unemployment rate dipped slightly to 4.2%. — A key mea
With lower interest rates priced in, what else is driving the markets? By David Baker, Senior Director, Investment Strategy and Communications.