Inflation Slows to Lowest Level Since Early 2021
The latest inflation report shows that consumer prices rose at the slowest pace in over three years, with the Consumer Price Index (CPI) increasing by 2.5% year-over-year in August. This marks a significant deceleration from July's 2.9% annual increase. The monthly...
Powell’s Jackson Hole Commentary
The recent statements by Fed Chair Jerome Powell at the Jackson Hole conference indicate a significant shift in monetary policy. Powell's acknowledgment that "the time has come for policy to adjust" signals a move toward interest rate cuts, a stark contrast from the...
Wine Tasting at 141 Miracle Mile
At our recent wine tasting event at the office, we had the pleasure of bringing together great minds and even better conversations over a selection of fine wines. It was an evening filled with rich flavors, engaging discussions, and a wonderful opportunity to connect...
Market Turmoil: Dow Drops Over 1,000 Points
Today, the Dow Jones Industrial Average took a significant hit, dropping over 1,000 points, while the Nasdaq plummeted by 6%. This sharp decline is part of a global market sell-off driven by fears of a U.S. recession.The catalyst? A disappointing July jobs report and...
June FOMC Meeting
The Federal Reserve has decided to keep interest rates steady, maintaining the benchmark rate between 5.25% and 5.5%. Here are the key points: Current Rate: The benchmark rate remains between 5.25% and 5.5%. Inflation Progress: Signs of progress toward the 2%...
Inflation Drops in June 2024
The June 2024 Consumer Price Index (CPI) report has brought some significant news: inflation has fallen for the first time since 2020. The CPI declined by 0.1% from May and posted a 3.0% annual increase, surpassing economist expectations. Core inflation, which...
Introduction to Bond Investing
Investing in bonds can be a crucial component of a well-diversified investment portfolio. Bonds are often considered a safer investment compared to stocks, providing regular income and preserving capital. Bonds are essentially loans made to large organizations,...
Understanding Stock Market Volatility
Stock market volatility can be both a source of opportunity and anxiety for investors. Understanding what causes these fluctuations and how to navigate them is crucial for anyone involved in the stock market. This blog will delve into the nature of stock market...
How to Choose the Right Stocks for Your Portfolio
Selecting the right stocks for your investment portfolio is crucial for achieving your financial goals. Whether you're a seasoned investor or just starting, understanding the factors that contribute to successful stock selection can significantly impact your...
Fed Chair Powell Signals Potential Economic Shift
In his recent Congressional testimony, Federal Reserve Chair Jerome Powell provided insights that could shape our economic landscape: The US economy is "no longer overheated" Job market has cooled to pre-pandemic levels Fed now faces "two-sided risks," not just...