After a few weeks of talking about the July’s jobs report (the often forgotten half of the Fed’s dual mandate), its better half (inflation) was back in focus this week with the release of the Consumer Price Index and the Producer Price Index for July. The releases were somewhat mixed. Consumer prices rose modestly. CPI […]

Stock buybacks have been in the news as of late as they reach all-time highs and are set to top $1.1 billion in 2025 (see recent Wall Street Journal article here). This prompted a client to ask what they are and why they matter to markets Stock buybacks are essentially defined by their name. It’s […]

If you listen to the earnings calls of major multinational corporations (think Apple, Nike, or Microsoft to name a few), you will undoubtedly hear reference to the impact of movements in the US dollar on their earnings. A client asked for a quick explanation of this concept so let’s dive in. The US dollar remains […]

Every month, the Bureau of Labor Statistics publishes a monthly jobs report. This data, obtained from phone surveys and online data, is a key indicator of how the labor market in the US is performing. This economic release can (and has) garnered meaningful attention in the past and does move markets – but the reaction […]

It may not be a week you have marked on your summer calendar, but this past week was referred to as “data week” given the sheer amount of economic data releases that were published in the past four days. Let’s review the highlight reel as well as the main event – the Fed’s rate decision. […]

I had a great discussion this week with clients about the constant nature of risk in investing The topic came up as we were talking about the wild ride we’ve been on in 2025 and how the market has once again reached all time highs – despite a laundry list of risks that remain well […]

If you’ve been following the news lately, there is considerable coverage of the Administration’s desire to lower interest rates – which has been largely messaged as a campaign to replace Fed Chair Powell with another Fed Chair who would possibly be more amenable to lowering interest rates. President Trump visited the Federal Reserve offices today […]

I don’t spend a lot of time on Twitter/X but there are a few investment professionals who publish interesting perspectives and thought leadership that I will check in on from time to time. Recently, one of my follows shared this post written by Cliff Sosin (a value manager) in honor of July 4th. During this […]

There are a lot of new topics to keep track of these days in the world of investing – the world is getting increasingly complex and so are investment vehicles! A client asked about one such “new” investing invention – stablecoins. Let’s take a look. A stablecoin is a type of cryptocurrency (ie: a digital […]

We – and more importantly the Federal Reserve – got another look at inflation this week as the June reports of consumer inflation (CPI) and wholesale inflation (PPI) were released June’s CPI report was the first to show some (albeit minor) impact from tariffs. The index rose 0.3% month over month and 2.7% year over […]