Market Updates

Don’t Get Duped!

Be Cybersecurity Aware It happens to the best of us…. A couple of weeks ago a colleague told us they were quickly scrolling through Facebook and an “alert” came up. On a quick glance, it looked legit. It asked to verify their info by uploading their drivers license....

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Market Week: July 24, 2023

The week in review Retail sales was up 0.2% m/m Housing starts fell to 1,434k Industrial production was down 0.5% m/m The week ahead FOMC meeting Svcs. and mfg. PMIs Real GDP Consumer confidence & sentiment Thought of the week In recent weeks, markets absorbed a...

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Market Week: July 17, 2023

June’s CPI report showed gathering disinflation with headline CPI rising 0.2% m/m and 3.1% y/y on a seasonally adjusted basis, well below peak inflation of 8.9% y/y a year ago. This trend is not unique to the U.S.: the OECD reported softening inflation in most major economies to 6.5% y/y in May, the lowest level for global inflation since December 2021.

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Market Week: July 10, 2023

The week in review ISM Mfg./Services PMI: 46.0/53.9 Nonfarmpayrolls increased 209,000 The week ahead CPI Consumer sentiment Thought of the week The U.S. economy has proven to bemore resilient in 1H23 thanmany expected, as strength in the labormarket has helped support...

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Market Week: June 26, 2023

The week in review NAHB housingmarket index: 55, up from50 Housing permits, SAAR: 1.49M, up from1.42M Initial jobless claims remained flat at 264K The week ahead Consumer confidence index GDP Thought of the week Last week, investors parsed a slew of forward-looking...

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