Last week, Federal Reserve Chairman Jerome Powell gave a talk to the International Monetary Fund (IMF) that impacted markets. In his Thursday speech, Powell indicated...
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Wealth Bytes: Manufacturing & Services Slow, Jobs Grow Modestly, Recession Still Likely
Key Takeaways ISM Manufacturing and Services indexes fell more than expected in November, indicating slowing growth The Fed held interest rates steady at its latest...
Nov 6, 2023
5 Min Read
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Wealth Bytes: GDP Growth Shines, But Is a Slowdown Looming?
Last week brought a flood of new economic data. At first glance, the news looks positive, but digging deeper reveals some concerning trends. At this...
Oct 30, 2023
8 Min Read
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Wealth Bytes: Consumers Spend While Housing Cools – Key Economic Takeaways
Generally positive news coming into the week of October 23: 1 - Retails Sales Show Ongoing Strength Retail sales continued their upward trend, with a...
Oct 23, 2023
5 Min Read
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Wealth Bytes: Nuances in Recent Inflation Data
Inflation Moderates but Pressures Persist Last week the biggest news was the CPI (or Consumer Price Index). The headline CPI came in above consensus as...
Oct 16, 2023
7 Min Read
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Wealth Bytes: Payrolls’ surprise move to the upside.
Markets have a lot of resetting to do early this week to price impacts of the Israeli-Palestinian conflict that escalated this weekend. We will talk...
Oct 9, 2023
6 Min Read
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Wealth Bytes: Inflation Shows Some Improvement
Inflation Trends Looking at the latest headline inflation numbers, both the Consumer Price Index (CPI) and Personal Consumption Expenditures (PCE) index increased in the month...
Oct 2, 2023
5 Min Read
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Wealth Bytes: Fed Expecting to Keep Interest Rates Higher for Longer
The Federal Reserve Signals Longer-Term Rates While unsurprising, last week's vote from the Federal Reserve FOMC (Federal Open Market Committee) to keep interest rates steady...
Sep 25, 2023
5 Min Read
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Wealth Bytes: Making Strides in Inflation, Challenges Still Ahead
Last week, we witnessed some interesting developments in the US economy. Let's dive into the insights and highlights from the September 11-15th economic data. The...
Sep 18, 2023
6 Min Read
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Wealth Bytes: Services Strengthen, Trade Weakens
The week of September 4th was a light week in terms of economic data releases. Services Showing Increasing Strength We begin the week of September...
Sep 11, 2023
4 Min Read