Fed rate cut: What it means for your wallet The Fed’s quarter-point interest rate cut in November, hot on the heels of September's larger half-point decrease, has many people wondering what it means for their finances.
Capital markets perspective: It’s that last quarter-mile that gets you The economy continues to lurch along in fits-and-starts like runners on the final leg of a road race, but the good news is the Fed isn’t in a rush to keep cutting rates.
CEO year in review: Changing the guard in 2024 2024 has been a year of major CEO shake-ups at some of the world’s biggest companies, with new faces at the helm of iconic brands like Nike, Starbucks, Estee Lauder, and The Walt Disney Company.
October market recap: Election impact Global stock indices failed to extend a five-month winning streak in October. U.S. stocks finished marginally lower while international stocks were down over 4%.
Capital markets perspective: Not even close No matter who prevailed on Tuesday night, there was always going to be another showdown – one where votes are counted in dollars and cents rather than bubbled-in ballots.
Capital markets perspective: Fearing the best, hoping for the worst So far, third-quarter earnings season has fallen somewhere between ‘okay’ and ‘almost weak enough to take notice.’
Stamped: 12 billion holiday letters and packages You’ve got mail – and the United States Postal Service (USPS) is making billions of special deliveries in the last quarter of the year with a higher-than-usual volume of packages and letters arriving across the U.S.
Are dupes the new quiet luxury? As American shoppers have become more price-conscious – more than a quarter (27%) have hit a pricing limit, according to Empower research – some are turning to less-expensive duplicate versions of premium products, known as “dupes.”
Capital markets perspective: Round trip While there’s still ambiguity about whether the economy is contracting or expanding, ten-year treasury yields edged back above 4.2% this week.
Capital markets perspective: Buying only what you need There was almost no hint of a spending slowdown in Thursday's retail sales report, though spending for things that people “want” is arguably growing far more slowly than things they “need”.
Capital markets perspective: Just for show This week’s economic release had lots of potential splash but not enough substance to move the needle. Prices at the consumer level rose 0.2% last month, a little hotter than expected.
September market recap: The cut After months of seemingly endless speculation, in late September the Fed finally delivered its first rate cut since the early days of the pandemic.
