Post-FOMC Thoughts – June 12, 2024

Post-FOMC Thoughts – June 12, 2024

Leading up to Today’s Decision Markets reacted very positively to the May CPI numbers that came out this morning. On a month-over-month and year-over-year basis, for both Core and Headline CPI, each figure was below expectations and below the prior month’s data. Going...

Post-FOMC Thoughts – June 12, 2024

Leading up to Today’s Decision Markets reacted very positively to the May CPI numbers that came out this morning. On a month-over-month and year-over-year basis, for both Core and Headline CPI, each figure was below expectations and below the prior month’s data. Going...

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Post-FOMC Thoughts – June 12, 2024

Post-FOMC Thoughts – June 12, 2024

Leading up to Today’s Decision Markets reacted very positively to the May CPI numbers that came out this morning. On a month-over-month and year-over-year basis, for both Core and Headline CPI, each figure was below expectations and below the prior month’s data. Going...

Market Update-June 2024

Market Update-June 2024

  The Month At-A-Glance After falling 4% in April, U.S. equities rebounded with a gain of 5% in May All three major U.S. equity indexes—the Dow Jones, Nasdaq, and S&P 500—hit new all-time highs Positive returns were widespread across different asset classes—with...

The Morning View: June 12, 2024

The Morning View: June 12, 2024

 Announced this morning, the headline Consumer Price Index (CPI) was flat in May, less than expected and three tenths less than last month’s increase.  On an annualized basis it grew 3.3%, the same as the annualized figure from the previous month.  The core rate,...

The Morning View: June 12, 2024

The Morning View: June 7, 2024

In this morning’s data, the economy added 272,000 jobs in May, much higher than expected.  The Health Care and Social Assistance and Construction industries were relatively strong, while the Temporary Help industry was relatively weak.  The Unemployment Rate ticked...

Retirement Times June 2024 Newsletter

Retirement Times June 2024 Newsletter

June 2024 This month's Retirement Times discusses the following: How Employers Can Help Close the Racial Retirement Wealth Gap Boomer or Bust: Charting a Path Toward Retirement Security  Women Call for Pension Reinstatement and Care Solutions Participant Corner:...

The Morning View: June 12, 2024

The Morning View: May 31, 2024

Announced this morning, the PCE Deflator increased 0.3% in April, as expected and was up 2.7% on an annual basis, the same as last month. The Core PCE Deflator, which excludes food and energy prices and is closely monitored by the Federal Reserve, increased 0.2% in...

Market Perspective- May 2024

Market Perspective- May 2024

Strength In Numbers The odds of the first-rate cut of 25 basis points (1/4%) are now 50%, and it has been pushed out until September. Core inflation readings declined from 3.8% to April’s 3.6%, the largest monthly decline since September 2023. Although 3.6% is still...

The Morning View: June 12, 2024

The Morning View: May 15, 2024

 Announced this morning, the headline Consumer Price Index (CPI) increased 0.3% in April, less than expected and grew 3.4% on an annual basis, one-tenth below the annualized figure from the previous month. Monthly prices for Gasoline, up 2.8%, were relatively strong,...

The Morning View: June 12, 2024

The Morning View: May 23, 2024

 Announced this morning, Initial Jobless Claims were 215,000 for the week ending May 18th, less than expected and 8,000 less than the revised figure from the previous week. In addition, Continuing Claims were 1,794,000 for the week ending May 11th, slightly more...

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