Since the Federal Reserve began its aggressive tightening cycle in 2022—pushing rates to their highest levels in decades—the question was never whether growth would slow, but rather, to what degree. Today, inflation has cooled from its 2022 peak yet remains above the Fed’s 2% target, while the labor...
In today's dynamic investment landscape, change is the sole constant. Markets are experiencing turbulence due to uncertainty from fluctuating economic indicators and rapidly evolving global trends.
The lower-than-expected monthly job growth report released on May 3 further bolsters the growing narrative that the labor market, while robust, is showing signs of loosening.
A healthy labor market, which often includes significant immigrant participation, is crucial for a flourishing economy characterized by steady and sustainable growth with relatively low inflation. The central bank’s (the Fed’s) dual mandate, to achieve maximum employment and price stability, is in s...
An Upswing in Q42023 Earnings The Q423 earnings season has surpassed expectations, providing another catalyst to the equity markets. S&P 500 earnings growth was nearly 8%, a significant improvement over the expectations of 1.2%. Of the 97% of S&P 500 companies that have reported, 76% have had positi...
