March 18, 2024

Core Inflation Exceeded Expectations for The Last Two Months – Stickier Than Expected

For now, the inflation news appears to be outweighing softening employment in terms of market impact.  Let’s review some of the more significant economic data released last week.   

March 11, 2024

What a Difference a Week Makes:  Soft February Employment Data Reignites Rate Cut Hopes

Our insight on the economic data from the week of March 4 shows adjusted employment data, changes in inflation and consumer spending.

March 4, 2024

Both Fed Chair Powell and Berkshire Hathaway Chair Buffett Agree – Patience Pays

Last week, all eyes were on the Personal Consumption Expenditures (PCE) inflation index for Jan-uary. Besides the inflation report, other meaningful economic data was released, and we saw the S&P 500 and NASDAQ hit all-time highs last Friday. Many of us also read Warren Buffett’s annual letter to Berkshire Hathaway shareholders, with its timeless investment wisdom. Let’s review some of the important economic data released last week

February 27, 2024

Strong Retail & Wholesale Inflation Data: Don’t Hold Your Breath on Rate Cuts Any Time Soon!

Once again, we had conflicting economic data during the week of February 12th – consumer and wholesale prices jumped in January, while in the same month retail sales dropped more than expected. What does all this mean? Read more!