by NovemAdmin | May 31, 2024 | commentary
THE MARKETS Perception versus reality. A recent Harris poll, conducted on behalf of The Guardian newspaper, found that there is some confusion about the state of the American economy and U.S. stock market performance. A significant proportion of the Americans who...
by NovemAdmin | May 24, 2024 | commentary
THE MARKETS Reading the economic tea leaves. Tasseography practitioners read tea leaves to forecast the future. Some economic data serve a similar purpose. Policymakers, central bankers, economists, and investors look at leading economic indicators to forecast where...
by NovemAdmin | May 15, 2024 | commentary
THE MARKETS Higher rates are doing what they’re supposed to do. Last week, Federal Reserve officials spoke about keeping the federal funds rate higher until it becomes clear that inflation will reach the Fed’s two percent target rate. While people typically don’t mind...
by NovemAdmin | May 7, 2024 | commentary
THE MARKETS What will the Federal Reserve do? Uncertainty about the direction and timing of Fed rate cuts is causing stock markets in the United States to charge and retreat. U.S. stocks rallied for five consecutive months (anticipating rate cuts early in 2024) before...
by NovemAdmin | May 6, 2024 | commentary
THE MARKETS The economy appears to be slowing down. Last week, many investors were focused on economic data. The Personal Consumption report offers information about Americans’ income and spending over the previous month. It includes one of the Federal Reserve’s...
