Stocks Perform In May – Equity Overview

Stocks eluded an age old adage to “sell in May and go away”, as equity indices outperformed for the month. Domestic equities defied uncertainty created by the Fed as volatility drove stocks higher and lower throughout the month. Despite the …

Geopolitical Tensions Challenge Stocks In April

Domestic equity indices in April experienced the most volatility since September 2023, as the Dow Jones Industrial Average, the S&P 500, and the Nasdaq all saw pullbacks in April. Ten of the eleven sectors of the S&P 500 Index posted …

Macro Overview – May 2024

Geopolitical tensions in the Middle East along with the ongoing invasion of Ukraine in Europe, is escalating defensive positioning in the markets as funds are being diverted to less volatile asset classes. Domestic and international equity indices retracted in April, …

U.S. Fertility Rates Drop To Lowest Level On Record

Prosperity and growth of a country is contingent on the health and expansion of its population. A measure of growth which eventually leads to a population demanding food, clothing, medicine, and other necessary goods is the fertility rate. Most of …

Yields Remain Stubborn As Fed Waits

Bond yields and interest rates stalled in April, as the Fed announced that it wasn’t yet ready to begin reducing rates. Geopolitical tensions in the Middle East also affected Treasury bond yields, as demand increased for Treasuries driving prices higher …

Why Homeowners Insurance Costs Have Risen

Homeowners nationwide are grappling with surging insurance costs and worse, coverage cancelations. Insurance companies are becoming much more defensive as claims for property damage have soared over the past few years. Damage resulting from hurricanes, tornadoes, flooding, fires, and other …

Average Home Age Nationwide Is 40 Years

The limited supply of new homes in addition to a drop in new home construction nationwide has contributed to the average home to be 40 years old. The U.S. Bureau of Economic Analysis tracks and reports new home construction as …

Why Small Businesses Are So Important To The Economy

The country is composed of millions of small businesses from home-based one person consultants to hair salons and manufacturing companies. As defined by the SBA’s Office of Advocacy, a small business has less than 500 employees and operates independently, not …

The Wealth Effect That Drives Spending

Even as inflation and higher rates have been an ongoing hinderance, consumers remain resilient and continue to spend. The reasoning behind the confidence and tenacity of consumers is believed to be what is known as wealth effect, which is the …

Macro Overview – April 2024

A stronger then anticipated jobs report reduced chances of a Fed rate cut in June as projected by analysts. Strong labor dynamics tend to foster underlying inflation for longer periods of time, thus influencing the Fed’s decision on rate decreases. …

Rates Remain Stubborn – Fixed Income Overview

Inflationary pressures and better than expected employment data, pushed rates slightly higher in March, persuading the Fed to hold off on its rate reduction strategy. Short term rates rose as expectations for a spring or early summer rate reduction diminished. …

Equities Continue Their Advance

Many analysts believe that the current equity market is being driven by price momentum rather than earnings expansion. This is a scenario where rising prices fuel additional buying even though earnings may not substantiate it. The energy and utility sectors …

Some States Continue To Lose Workers

The pandemic brought on dramatic and instrumental changes to employment and the labor markets, some of which may be substantially lasting. Work at home positions have become widely accepted and commonplace now, as have transient workers migrating from city to …

Chocolate Is Getting Expensive – Commodity Overview

Weather and crop disease in geographic regions where cocoa beans grow, have hindered crops and stricken supply leading to elevated chocolate prices. Cocoa beans surpassed $9,000 per metric ton in March, the first time ever, with cocoa bean prices more …

Recession Looms Internationally – Global Economy

Global growth projections and changing business activity internationally, are indicating a global pullback in economic activity, with an evolving recessionary environment. Each year, the International Monetary Fund (IMF) releases a forecast of global GDP growth by country. Projections for 2024 …