The Wealth Blog
Inflation Stays Hot
Talk of peak inflation appears to have been premature following the latest release of the CPI. The Consumer Price Index rose 1.0% in May, and…
Job Growth in a Tight Labor Market
The graphics below help summarize what’s happening in today’s labor market. Nonfarm payrolls increased by 390,000 in May, according to the U.S. Bureau of Labor…
Then and Now
The 2010s saw one of the best bull markets in modern history. Yet, volatility can never be discounted, as the decade was not without several…
High Anxiety
Investors grappled with several conflicting events last week. Given the negative sentiment in today’s environment, the market latched on to the glass-half-empty scenario. On a…
Throw the Baby Out with the Bath Water
Today’s sharp selloff can be traced to Walmart and Target, and maybe to a lesser extent, Powell’s hawkish tone on Tuesday. Yesterday, Walmart topped on…
Inflation—Good News, Bad News
The U.S. Bureau of Labor Statistics (BLS) reported on inflation last week with the release of the April Consumer Price Index (CPI). We’ll get into…
Biggest Rate Hike in Over 20 Years
As widely expected, the Federal Reserve hiked its key lending rate, the fed funds rate, by 50 bp (basis points, 1 bp = 0.01%) to…
Is a Drop in GDP a Recession Signal?
Gross Domestic Product (GDP) is a quarterly economic report that is the broadest measure of goods and services. GDP contracted at an annualized pace of…
Q1 Earnings Season Runs into Rate Fears
First quarter earnings season is in full swing, and as we’ve seen in prior quarters, analysts have been too conservative with their initial estimates. Much…
Is Inflation Peaking?
A 1.2% rise in the Consumer Price Index last month was the biggest increase since 2005, according to the U.S. Bureau of Labor Statistics. Given…
Feeling the Need for Speed
Two important economic themes have dominated the landscape this year: high inflation and interest rates. The Federal Reserve has significant influence over rates. As the…
Job Growth & Openings
The two graphics below help summarize today’s job market. On Friday, the U.S. BLS reported nonfarm payrolls rose a healthy 431,000 in March, down from…