Does a Republican Sweep Matter for Investors? Tables and graphics such as the one below typically surface every four years. While they are interesting, they do not provide much insight, except for the idea that stocks tend to perform well regardless of who occupies...
Inflation—Not Back to Target, Not Enough to Derail a December Rate Cut The Consumer Price Index (CPI) rose 0.2% in October, according to the U.S. Bureau of Labor Statistics. The core CPI, which excludes food and energy, rose 0.3% last month. The CPI is up 2.6%...
A Drama-Free Fed Meeting, Press Conference* and the Election More about the asterisk in a moment, but first, let’s touch on the meat and potatoes of last week’s Federal Reserve meeting. It came as no surprise that the Fed reduced its key rate, the fed funds rate, by...
A Robust GDP and Muddy Jobs Report The U.S. Bureau of Economic Analysis (BEA) reported that Gross Domestic Product (GDP) expanded at an annual pace of 2.8% in Q3, which was down from 3.0% in Q2. The broadest measure of U.S. economic activity matched the final...
