The Consumer Price Index climbed 4 percent in the year through May, well below the recent peak of 9.1% last June and down from April's 4.9% increase.
The latest employment numbers have left some experts arguing that the Fed may be getting ahead of themselves with interest rate hikes.
Investors who believe that equity markets are currently overextended may consider adding defined outcome strategies to their portfolio, which aim to provide capital appreciation up to a capped level while offering the added benefit of buffering downside moves.
There is an old saying that stocks take the stairs to the roof but the elevator to the basement. As with many market adages, it's not exactly true, but there is sound behavioral logic behind it.
The clean energy transition is gaining momentum, with governments around the world implementing policies to boost energy security and mitigate climate change. However, the growth of clean technologies must accelerate even more to stay on track for net-zero emissions and 1.5°C pathways. With significant investment opportunities available, the outlook for clean technologies and related industries appears promising.
Conservative allocations and under-exposure to equity and growth assets could mean many investors have not fully participated in this year's equity rally and that there is more fuel for an advance.
Investors are on edge, eager to protect their unexpected gains, and are anxiously awaiting the titular recession that may or may not arrive this year. Most economists expect a recession in the next 12-18 months.
Stocks surged higher in the closing days of a holiday-shortened trading week, ignited by a political resolution on raising the debt ceiling and a strong employment report.
The Fed was guiding the markets into thinking this was potentially the last rate hike in this cycle.
The debt ceiling saga is unfortunately still ongoing, but definitive progress has been made. According to reports, the Biden Administration and Congressional Republican negotiators have agreed to a debt ceiling/budget deal.
The industrial sector has lagged the S&P 500 index by roughly -720 basis points this year as of May 16, 2023, driven by weakness in machinery, aerospace, and defense stocks.
Stocks rallied last week with growing confidence over reaching a deal on raising the debt ceiling and avoiding a technical debt default by the U.S.