FIRESIDE CHARTS
Household Net Worth Hits an All-Time High, A More Hawkish Fed, and a Look Ahead at GDP
U.S. household net worth hit an all-time high of $141.7 trillion in Q2 after a 19.6% year-over-year gain, per the Fed’s report Wednesday. Household assets are also at a record high, which may come…
FOMC Talking Points, a Looming Fiscal Cliff, and Preventing a ‘Lehman Moment’
The housing market at large cooled slightly in August, but rental inflation is soaring in a development that’s sure to have been a topic of conversation at this month’s FOMC meeting. Other likely…
VIDEO: Investment Committee “Minutes in a Minute” – September 2021
Amid expiring unemployment benefits, higher than expected retail activity, and lower than expected inflation, the main topic of conversation during our latest Investment Committee meeting was the economy…
Equities Slide, the Evergrande Collapse, and a Look Ahead at This Week’s FOMC Meeting
It’s a grim start to a big week as stocks slide and risk-off sentiment takes hold. Though inflow and outflow patterns might suggest otherwise, small caps were the only hold out last week as all…
Inflation Cools Slightly Despite Lingering Pressures, Consumer Credit Growth, and a Look at China’s Housing Market
Supply chain issues are pushing up producer prices and driving inflationary pressures; though CPI came in below expectations, the median month-over-month gain hit a multi-year high. But how useful…
VIDEO: What is Machine Learning and Why Should Advisors Care?
From Siri and Alexa’s ever-increasing sophistication to the frightening accuracy of Facebook’s “people you may know” feature and Google Search’s predictive text, some of the world’s largest companies…
A Disappointing Jobs Report, Approaching Wage Growth, and a Look at the Historic Market Recovery
Last week’s jobs report disappointed as we moved into Labor Day Weekend, adding yet more data that indicates global growth may be losing steam. Though conditions have tightened, small businesses…
Manufacturing Slows in the U.S. and Abroad, Supply-Chain Bottlenecks, and a Look at Consumer Confidence
Manufacturing activity is slowing across the U.S. as the nation grapples with the Delta variant and significant supply-chain bottlenecks; the latest survey out of the Dallas Fed dramatically…
Consumer Spending Slows, Investors Digest Fed Comments, and the Soaring Cost of Equities
U.S. consumer spending came in slightly below expectations in July but remains above the pre-pandemic trendline and has continued to grow month-over-month. Meanwhile, the personal savings rate…
Housing Market Updates, Retail Comes Back Toward Earth, and Follow-On Stock Offerings Hit 25-year High
As the eviction moratorium comes to an end in the U.S. following a 6-3 vote in the Supreme Court, we’re seeing fewer renters making the transition to homeowners—though competition and price increases…