The Upcoming Holiday Season Will Test Consumers, Retailers Are Reluctant to Raise Prices, Dividends Are in Demand
The economy is still growing, but it seems clear that it’s no longer overheating. Consumers are continuing to spend into the holiday season. Views on the labor market are souring. Retail pricing power...
Powell Put a Damper on Markets, Inflation Remains in Focus, Investing for the Long-Term
The economy can handle higher rates, but not a Federal Reserve asleep at the wheel. Powell denied any imminent pivot and spooked the markets with hawkish rhetoric surrounding further rate hikes...
GDP Is Growing Again, Rents Are Falling, Investors Are Eschewing Stock in Favor of Bonds
U.S. GDP is growing again, but the story is a little more complicated below the surface. Preliminary data is showing a decline in U.S. rents during October. The Federal Reserve has now overseen the...
Inflation report roils markets, housing activity continues to be weak, Norway offers a glimpse into the EV future.
Last Tuesday’s CPI reading of +.1% month over month sent shockwaves through the market as forecasters hoped for a -.1% decrease month over month buoyed by big declines in oil prices.
The Great Return to work?, Inflation looks to be headed lower and Global business cycles continue to diverge
Most data is pointing towards improving supply constraints in both physical goods and the labor market, likely implying declining inflation in the near-term. Russia has shut down the NordStream pipeline further exacerbating Europe’s energy...
Federal Reserve Officials Talk Tough At Jackson Hole, Interest Rates Rise, and Equity Markets Fall
At Jackson Hole, Federal Reserve officials dissuaded the market of any notion that a pivot is around the corner. These communications, coupled with more positive economic data, sent interest rates up...