The Taylor Swift Era, Consumer Spending & Inflation Clarity
As the dog days of summer roll on, and many of us are taking advantage of warm weather and time off to enjoy experiences, American consumer spending patterns are coming into focus.
News
Are Rates Too High? Too Low? Just Right? Depends on Who You Ask
Much has been made of the volatility in the bond markets this year. Over the past few months, Treasury yields have frequently moved 0.20% in a day—something that hasn’t happened in decades.
6 Things to Know About Stocks and Recessions
Yesterday, the Federal Reserve released the minutes from its March Federal Open Market Committee meeting. In the section summarizing staff projections, to the surprise of some, the staff explicitly forecasted a recession.
Dissecting Recent Bank Failures
Stock and bond market activity was materially shaken last week as Silicon Valley Bank, the California bank subsidiary of SVB Financial Group, fell into FDIC receivership.
Supply Chain Stability Comes at a Cost
As the long-term effects of the pandemic continue to unfold, one trend that has been adopted by multinational companies is to repatriate their supply chains in an effort to avoid future disruptions.
Debt Ceiling Standoff Back in Focus
The debt limit is back in focus as the ceiling was breached again on January 19. The amount is set by Congress and has been increased 78 times since 1960.
How SECURE 2.0 Makes Saving for Retirement Easier
There was good news for those saving for retirement in the recent appropriations bill passed to fund the government. The bill included a set of retirement reforms called SECURE 2.0.
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%.
English Premier League Soccer Kickoff: Do Stocks Cheer Red Or Blue?
Just for fun: A look at the English Premier League Soccer Kickoff (and Stocks)
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.