— U.S. retail sales rose a meager 0.1% in May from April as still high inflation curbed spending. — New U.S. housing starts were down 5.5% in May (from April) and
“This is a process that slowly builds up to being able to say ‘yes, this is what we are about.” I am a big believer in periodic meetings that bring together
— The U.S. Consumer Price Index was flat for May, indicating a slowdown in inflation, which is up 3.3% over the past 12 months. — The Federal Reserve said it exp
This week, the middle of 2024, some goods news on U.S. inflation was released, which may allow the Fed to lower its key interest rate at least once this year. The U.S. Consume
Top-of-mind economic news as we start the week: — The U.S. economy added 272,000 new jobs in May and wages are up 4.1% over the past year, indicating ongoing strength in
While higher interest rates continue to challenge private equity investors, they should provide a fertile backdrop for private credit.
— The Fed’s preferred inflation measure, the personal consumption expenditures index ex. Food and energy, rose 0.2% in April, as expected. — US economic growth l
After years of growth and momentum that some in the industry may have taken for granted, the anti-environmental, social and governance (ESG) trend came to a head in 2023, with
— Home sales slipped unexpectedly in April, despite big gains in supply. — US applications for jobless benefits fall as labor market continues to thrive. — S
