WEALTH INSIGHTS

1. Fed Hikes, but the Economy Keeps Moving The Fed was the main focus last week, raising the federal funds target range by 25 basis points to 3.75%–4.00%, marking its first rate increase in more than three years. The updated dot plot pointed to a higher-for-longer rate environment, with 16 of 18 officials expecting at […]

The Fed Delivers a Rate Hike The Federal Reserve raised the federal funds target range by 25 basis points to 3.75%–4.00% at its September meeting, marking the first rate increase in more than three years. The decision was unanimous and largely anticipated by markets, but the more important message came from the Fed’s updated projections […]

1. Market Volatility and the Road Ahead It was another busy week, with a lot of data, moving parts, and ultimately more volatility. Some of that volatility was expected, particularly given September’s history as one of the more challenging months for markets. Over the past five years, the S&P 500 has averaged a 2.7% decline […]

Iran Conflict Further Constrains Global Energy Supply Tensions between the U.S. and Iran escalated again this week, increasing concerns about the availability of global oil and natural gas supplies. The U.S. military destroyed five Iranian tankers after Iran’s Islamic Revolutionary Guard Corps attempted to strike a U.S. Navy warship with ballistic missiles. Tehran responded by […]

1. Economic Momentum Remains Strong The latest economic data continue to point to a resilient U.S. economy with solid underlying momentum. The Atlanta Fed’s GDPNow estimate has increased to 4.7%, while factory orders rose 0.9%, ahead of expectations for 0.7%. Durable goods orders also remained healthy, increasing 1.1% in line with estimates. While the ISM […]

AI Adoption Is Driving a New Era of Cybersecurity Demand Cybersecurity continues to stand out as one of the most compelling areas within technology, particularly as the rapid adoption of AI creates both new opportunities and new vulnerabilities for businesses. As companies deploy AI agents, expand cloud infrastructure, and connect more systems and data, the […]

Having a plan for when a disaster strikes your home can greatly impact your family’s safety. However, creating a plan for a natural disaster can be challenging due to the multiple steps involved. In this guide, we will outline the steps to prepare for a potential natural disaster. 01 | Create a Family Emergency Plan […]

1. Economic Data Paints a Resilient Picture Last week, markets continued to grind higher, with the S&P 500, Nasdaq, and Dow Jones Industrial Average gaining 0.50%, 0.85%, and 0.55%, respectively. The economic calendar was busy, with data providing a mixed but generally constructive picture of the U.S. economy. The latest PCE report showed headline inflation […]

Treasury Increases Buybacks Just two weeks after announcing its buyback calendar at the quarterly August refunding, the US Treasury surprised markets by announcing it would at least double the size of its liquidity support buybacks for longer-dated Treasuries. Beginning September 9, Treasury will increase the maximum size from $2 billion per operation to at least […]