It’s Not Clear the Economy is Headed Toward Recession Just Yet

Some insight this week from our partners at JP Morgan…“With a still-tight labor market and expectations for rising real income in the coming months, it’s not clear the economy is headed towards recession just yet.While markets have been fairly resilient at the...

Market Week: January 23, 2023

The week in review Dec. retail sales fell 1.1%, below the cons. -0.8% Industrial production fell 0.7%, below the cons. -0.1% Headline PPI fell 0.5%, Core PPI rose 0.1% Housing starts fell 1.4%, above the cons. -4.7% The week ahead  1st estimate of 4Q GDP PCE inflation...

Secure 2.0 Act of 2022 – A Boost to Retirement Savings

When President Joe Biden signed his $1.7 trillion tax bill into law in late December 2022, it included the bipartisan Securing a Strong Retirement Act 2022, otherwise known as the “SECURE 2.0 Act.” Designed to encourage investment, the SECURE 2.0 Act, is full of...

Market Week: January 16, 2023

The week in review Headline CPI: 6.4% y/y, -0.1% m/m Core CPI: 5.7% y/y, 0.3% m/m Initial claims edged lower to 205k The week ahead Retail Sales Industrial Production Thought of the week While the story last year was about inflation peaking, the 2023 narrative is...

Make More (a lot more!) Interest on Your Money

As you may have heard The Fed (aka FOMC ) has stated their plan to continue to raise interest rates. The silver lining for you and me is interest rates being paid on our savings rates are rising….maybe.Why do I say “maybe”? The 5 largest banks in the US have not...