Market Update-July 2024

About

Argent Financial Group

Argent Financial Group (Argent) is a leading, independent client asset services firm offering individuals, families, businesses, and institutions wealth management, asset management, and asset servicing. The firm is responsible for more than $85 billion in client assets. Formed in 1990 in Ruston, Louisiana, Argent can trace its roots back to 1930.

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The Morning View: July 11, 2024

The Morning View: July 11, 2024

 Announced this morning, the headline Consumer Price Index (CPI) decreased -0.1% in June, less than expected and one-tenth less than the previous month.  On an annualized basis it grew 3.0%, less than the annualized figure from the previous month.  The core rate,...

Fixed Income Update – July 2024

Fixed Income Update – July 2024

2nd Quarter 2024 Review • At the most recent FOMC meeting in June, Fed officials signaled that they expected just one 25 basis point cut in 2024; however, the Fed Funds Futures market is poised for two 25 basis point cuts this year • Interestingly, the FOMC raised its...

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