The September rate cut of .5% was the first reduction since 2020. Rate hikes resulted in the target range for the federal-funds rate hitting a two decade high
For most of the past two years, the markets have been primed with hope of a Fed pivot that will presumably restore easy monetary policy and supportive
October proved to be a volatile month for the markets. Major indices experienced fluctuations due to a variety of factors, including concerns over inflation
Wall Street had a rough September with the major indices slipping approximately 2% for the month.
Stocks struggled to shake off the downbeat mood hanging
August saw the equities markets give up some ground as interest rates continued to climb. Although the Federal Reserve believes the strategy is working to cool
The economy grew at a 2.0% annualized rate down from a 2.6% pace from the first quarter. Government spending, consumers and exports growth was strong at 5.0%, 7
June saw the markets digest the Federal Reserve’s pause in their rate hike regimen after additional evidence indicated that inflation was continuing to
As we look ahead at the Federal Reserve’s May meeting, we expect rate hikes to continue at a muted pace of 25 basis points (or ¼ of one percent). Markets tend
The Federal Reserve’s mistaken assessment of inflation being “transitory” led to a policy of the fastest rate hikes in forty years. It should have been no big
February showed a mixed bag of returns in the equities markets with the technology laden NASDAQ and S&P 500 continuing to have a positive year. The Dow, which
As we enter the last two months of the year, our thoughts turn to year-end tax planning. If you plan on gifting appreciated stock to taxpayers in zero to low
