When investors talk about how the stock market is doing, they’re often referring to one of the benchmark stock indexes. You have probably heard of some of the most well-known ones, such as the Dow Jones Industrial Average, which has been around since 1896, or the S&P 500, which is the broadest measure of the…Read more
To Cut or Not to Cut The Federal Reserve is approaching a critical inflection point in its monetary policy journey. Here’s why: Fed officials are increasingly indicating that interest rates may be near the upper end of the so-called “neutral rate” (i.e. the level at which monetary policy is neither stimulating nor restraining economic activity)….Read more
Cruising Altitude Remember in 2022 when Federal Reserve Chair Jerome Powell warned that getting the economy back into balance would involve some economic pain? The road since has been long and winding, but two years later we’ve managed to avoid a recession (knock on wood). While interest rates rose significantly, hard landing fears never became…Read more
