by lportee53 | Jun 23, 2025 | Market Commentary
Last week, the Federal Reserve held interest rates steady, maintaining the federal funds target range at 5.25%–5.50%. While the decision was widely anticipated, attention turned to Fed Chair Powell’s comments and the updated Summary of Economic Projections, which signaled a cautious stance on inflation and a slower path to rate cuts than previously expected. On the housing front, both Building Permits and Housing Starts for May came in lower than anticipated, offering insights into low builder sentiment amid elevated mortgage rates. At only 1.393 million for Building Permits and -9.8% for Housing Starts, economists will be watching to see if this will be a new trend. Meanwhile, as a key driver of gross domestic product (GDP), Core Retail Sales came in at -0.3%, providing a read of possible fatigue in consumer strength and spending behavior.
by lportee53 | Jun 18, 2025 | Resources
Many Americans are operating their personal finances with only the barest minimum of knowledge.
by lportee53 | Jun 16, 2025 | Market Commentary
While last week was lighter on economic data, global headlines were anything but quiet. Trade talks between the U.S. and China took center stage, and rising tensions between Israel and Iran rattled investor confidence. Still, beneath the surface, key inflation data and shifting expectations quietly shaped the market narrative.
by lportee53 | Jun 9, 2025 | Market Commentary
Weekly Market Commentary June 9th, 2025 Week in Review… The week began with the ISM Manufacturing Purchasing Managers’ Index (PMI) report on Monday, which showed continued weakness in the manufacturing sector. The index came in at 48.5 for May, slightly below...
by lportee53 | Jun 4, 2025 | Resources
Investing with Your Heart For some, the social impact of investing is just as important as the return, perhaps more important. Some individuals believe that return on investment shouldn’t be the only criterion for how they invest their money. For them, the...