Daniel Yu, CFA®, CFP®, AIF®

The Fed's Bureau of Economic Analysis released its updated preferred measure of inflation, the Personal consumption expenditures (PCE) price index.  The headline number showed a 2.45%...

Last week the biggest news item was the meeting of the Federal Reserve FOMC and Chairman Powell's press conference. In a widely expected move, the...

Awaiting a Sustainable Sign of Inflation Cooldown As the Federal Reserve prepares to meet on March 20th, all eyes are on their economic projections and...

Fed's Expectations for Rate Cuts Hinge on Inflation Decline Chairman Powell addressed Congress noting stronger than expected economic growth and inflation decline. If declines in...

Coming into the Week of March 4th, Economic Data Is Positive In our last economic update, we mentioned how the fourth week of February had...

Housing Shows Signs of Improvement But Affordability Issues Remain There were only two major economic data releases last week. We begin with Existing Home sales...

Consumer Price Index and Producer Price Index Show Mixed Signals on Inflation Last week brought several economic data releases that showed conflicting signals about inflation...

Overview Last week, the ISM Services number came out at 53.4 which was above the consensus estimate of 52. Recall readings above 50 indicate expansion,...

Job Growth Exceeds Expectations Last week the Federal Open Market Committee (FOMC) met and left interest rates unchanged. In their statement, they reiterated that while...

GDP Report Shows Solid Growth Coming into the week of January 29th, the latest look at Gross Domestic Product (GDP) showed quite positive at an...