The Morning View from the West End: August 10, 2018

BY: MARSHALL BARTLETT
Senior Vice President / Portfolio Manager
(615) 591-0611   mbartlett@argenttrust.com

Announced this morning, the Consumer Price Index, a measure of inflation, increased 0.2% in July and has increased 2.9% on an annual basis. The core rate, which excludes food and energy, also increased 0.2% in July and has increased 2.4% on an annual basis. The annual increase in the core rate is the largest since 2008. While the Federal Reserve likely remains on track with measured increases in the months ahead, this data indicates inflation is nearing the high end of their comfort zone and will need to be monitored closely going forward. In all, equity futures are lower this morning given the heading into the market open.

This information has been prepared by Argent Trust to highlight issues which may be of interest to the recipient and is not intended as legal, investment or tax advice. You are urged to seek legal, tax and accounting counsel for your particular situation before acting on topics discussed here. At Argent Trust, we assist our clients in managing and enhancing their wealth. Please call us at 615.591.0044 with questions or to schedule a meeting. © 2018 Argent Financial.

About

Argent Financial Group

Celebrating its 30th anniversary in 2020, Argent Financial Group (Argent) is a leading, independent, fiduciary wealth management firm. Responsible for more than $30 billion in client assets, Argent provides individuals, families, businesses and institutions with a broad range of wealth management services, including trust and estate administration, investment management, ESOPs, retirement plan consulting, funeral and cemetery trusts, charitable organization administration, oil and gas (mineral) management and other unique financial services. Headquartered in Ruston, Louisiana, Argent was formed in 1990 and traces its roots back to 1930.

Latest News & Resources

Insights

Argent Employee Spotlight – David Russell

Argent Employee Spotlight – David Russell

Q. What led you to Argent and what makes it unique? A. Without a doubt what led me to Argent was the character of the leadership. Before I ever even heard the phrase “humble confidence” my initial visit with Kyle impressed that on me and it has also been reflected in...

Why a Corporate Fiduciary Could Be Right for You

Why a Corporate Fiduciary Could Be Right for You

In today’s world, estate planning can be an intense and complex process. These issues can be caused by many factors, such as federal and state tax laws and the types of property or assets a person owns. If you layer on unique family dynamics (e.g. a blended family,...

Interested in speaking with

one of our experts?