The Federal Reserve has been going out of their way to tell the stock and bond market that they will be focusing solely on taming inflation and won't be looking to stimulate the economy unless inflation is under control. Too much money floating around the system led to too much
Imagine a world where headline inflation is reported at 5% and the stock market rallies. That's exactly what happened last week. I received several questions from advisors and clients asking how that can happen.
The simple answer is "the market already expected this." We are comparing prices and economic activity
When it comes to the weather in Arizona, we’re almost on the same weather schedule as the southern hemisphere. Sure, our warm period is the same as the rest of the country (using “warm” liberally here) but in reality, we’re all kind of waiting around for fall and