Tariffs Breach the First Line Two important measures of inflation were released last week—both by the US Bureau of Labor Statistics. First, the Consumer Price Index (CPI). It rose a modest 0.2% in July. The core CPI, which excludes food and energy, rose 0.3%. Overall,...
Another Outstanding Earnings Season The stock market is influenced by a wide range of variables, including economic activity, interest rates, inflation, earnings, and more. Today, we’ll focus on one factor that plays an outsized role in shaping market...
Heavy Data Week Offers Mixed Picture Last week was packed with economic developments, as reports poured in from all directions. We saw the release of second-quarter Gross Domestic Product (GDP) figures, the broadest measure of goods and services produced, alongside...
One Big Beautiful Bill and You Signed into law on July 4, the One Big Beautiful Bill (OBBB) Act introduces sweeping changes into the tax code that could influence how you plan for and pay your taxes. Given the depth and complexity of the new law, our review is not...
Tariffs Begin to Bite At first glance, June’s Consumer Price Index (CPI) was reassuring. The US Bureau of Labor Statistics reported that the CPI rose 0.3% in June as expected, while the core CPI, which excludes food and energy, rose a smaller-than-forecast 0.2%, per...
