Market Recap and The Week Ahead | RIP TINA
Last week’s inflation data came in hotter than expected, especially in shelter inflation. Now the Fed is expected to be more aggressive and raise rates even higher. The terminal rate is now...
Last week’s inflation data came in hotter than expected, especially in shelter inflation. Now the Fed is expected to be more aggressive and raise rates even higher. The terminal rate is now...
Explore 4 ways that momentous events can affect investment decisions — and how to remain balanced amidst the fear.
INFLATION data will dominate this week’s headlines. CPI data will be released Tuesday morning. Economists expect headline CPI to come in at 8.1% over the prior year. On a month-over-month basis, CPI is expected to show prices have eased by .1% If realized, this would be the first monthly decline since May of 2020!
Markets are now pricing in a 70% likelihood of a 75-bps hike in September, followed by a 50-bps hike in November and a 25-bps hike in December, bringing the year-end Fed funds rate range to 3.75-4.00%.
As you celebrate Labor Day and the start of Fall, keep your own work-life balance in check with these tips.
It feels like the market is playing the children's game “Red Light, Green Light” with the Fed. Equity markets were running up too fast, and Jerome Powell sent them back.