The economy is in focus, with Wolfe Research chief economist Stephanie Roth weighing in on the hotter-than-expected October PPI data and its implications for the broader economy and Federal Reserve. Simplify Asset Management chief investment strategist Michael Green then analyzes the inflation...
Published 11/14/24
The US Bureau of Labor Statistics released its Consumer Price Index (CPI) report for October, which saw inflation rising in line with economist expectations.
Takeaways:
October's Consumer Price Index (CPI) report saw prices rise 0.2% month-over-month and 2.6% annually, in line with economist...
Published 11/13/24
It's been an eventful week for stocks, from Donald Trump's reelection in the 2024 presidential race to the Federal Reserve's latest interest rate cut.
Takeaways:
The Federal Reserve cut interest rates by 25 basis points on Thursday, while Fed Chair Jerome Powell said another rate cut in December...
Published 11/08/24