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

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

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

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

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...

June 2024 Labor Market Report

June 2024 Labor Market Report

An economic update On Friday, the latest employment report for June 2024 was released, and it offers some interesting insights into the current labor market. Total nonfarm payroll employment increased by 206,000, showing steady growth, particularly in sectors such as...

Breaking Economic News: May PCE Data

Breaking Economic News: May PCE Data

The latest PCE data shows inflation cooling to its lowest rate since March 2021. Core PCE rose just 2.6% year-over-year in May, signaling that the Fed's monetary policy might be working. Key takeaways: Monthly core PCE up 0.1% Headline inflation flat for the month...

An evening with Ocean First Institute

We recently had the pleasure of hosting a wonderful evening with the Ocean First Institute at Private Wealth Management of Coral Gables. The event featured delightful wine and charcuterie, fostering an atmosphere of learning and engagement. Ocean First Institute is...

Inflation Eases: May 2024 CPI Report Highlights

Inflation Eases: May 2024 CPI Report Highlights

The latest Consumer Price Index (CPI) report revealed a significant shift in the inflation landscape. For May, the CPI remained flat compared to the previous month, marking a 3.3% increase from a year ago. This slight loosening of inflationary pressures brings some...