July market recap: Confidence grows as rates may fall For now, investors are primarily focused on the outlook for the economy and interest rates, and are also trying to assess how AI will impact actual profits.
One thing: The private label boom One thing moving markets is the proliferation of private label brands. Generic options are now becoming the most popular products on shelves.
Capital markets perspective: Jobs slowdown The Fed is almost as worried about jobs now as it is about inflation, and that means rate cuts are probably coming.
One thing: Bookstore bestsellers One thing moving markets is the price of your next summer read, according to the Consumer Price Index (CPI). See how bookstores are faring in today's attention economy.
The Boss is a billionaire Today’s billionaires worldwide are the wealthiest they’ve ever been — collectively worth a whopping $14.2 trillion.
Capital markets perspective: U.S. economy outshines forecasts Gross domestic product (GDP) advanced 2.8% in the second quarter. That was twice as fast as the first quarter’s 1.4% and ahead of most economists’ estimates.
One thing: Space tourism has lift off One thing that moved markets is the arrival of space tourism. For American consumers, booking a ticket to space can become a reality as early as next year.
Lucky July, Scary October and the Mirage of Market Timing Is July really a lucky month for investors? A closer look at the myths of market timing.
Work shift: 9-5 job growth, slower wage increases, and more unemployment claims American workers see progress in their wages, though recent data signals some cooling in the economy and may offer clues about the labor market going forward.
One thing: Game on One thing moving markets is the price for admission to sporting events, which was up 15.1% year-over-year according to June’s Consumer Price Index (CPI).
Capital markets perspective: Inflation hits 12-month low On Thursday, the Bureau of Labor Statistics published the Consumer Price Index (CPI): Headline inflation contracted -0.1% from May to June, hitting a 12-month low of 3%.
One thing: Halfway there One thing moving markets in the last six months is cooling inflation and a softening labor market paving the way for Fed rate cuts. Can it stay on track?
