Market Insights
Tariff Rates
Economic News: Concerns over Federal Reserve independence drew attention after President Donald Trump announced he would remove Fed Governor Lisa Cook, citing mortgage fraud allegations; Cook responded by filing a lawsuit to block the firing, and a Fed spokesperson...
Asset Class Performance
Economic News: The Federal Reserve left interest rates unchanged at 4.25% to 4.5% following its June policy meeting, marking the fourth straight meeting with no change, and noted that while uncertainty has diminished, it remains elevated. Fed Chair Jerome Powell...
Manufacturing Jobs by State
Economic News: May’s economic data offered a mixed but slightly more positive picture of the U.S. economy, with job growth slowing yet outperforming expectations and other indicators showing signs of strain. The Labor Department reported 139,000 new nonfarm payrolls...
Average Salary
Economic News: U.S. business activity rebounded in May after hitting a 16-month low in April, with S&P Global’s Flash PMI showing both the services and manufacturing sectors improving to readings of 52.3, exceeding expectations and signaling moderate expansion....
Billion Dollar Companies
Economic News: The rally in U.S. stocks that began with news of a U.S.-China tariff suspension continued into Tuesday, bolstered by the Bureau of Labor Statistics’ (BLS) report showing cooler-than-expected inflation in April. The Consumer Price Index (CPI) rose 2.3%...
Most Valuable Companies
Economic News: The Federal Reserve held interest rates steady at 4.25% to 4.50% this week, citing growing uncertainty in the economic outlook despite ongoing solid growth. In its post-meeting statement, the Fed warned of rising risks of both inflation and...
Corporate Bankruptcies
Economic News: U.S. business activity growth slowed to a 16-month low in April, according to S&P Global’s Flash PMI survey, with services activity weakening sharply despite a slight uptick in manufacturing, dragging the overall index down to 51.2 from 53.5 in...
America’s Oldest Companies
Economic News: Policy uncertainty continued to weigh on the U.S. housing market, as reflected in several economic data releases during the week. The NAHB Housing Market Index edged up slightly to 40 in April but remained below the neutral threshold of 50, signaling...
S&P 500 Examined
Economic News: The Federal Reserve released minutes from its March policy meeting, revealing that officials are taking a “cautious approach” to monetary policy amid heightened uncertainty and growing concerns about both slowing economic growth and persistent...
Business Growth Down
Economic News: Business activity growth showed signs of slowing in March as tariffs pushed prices higher, according to new data from the Institute for Supply Management (ISM). The ISM manufacturing PMI slipped back into contraction territory after two months of...
Meet Our Team
Brian M. Royal
Senior Wealth Advisor