Tariff Fatigue?
February 10, 2025 Good morning, More tariff threats Friday afternoon turned the S&P 500 Index slightly red on the week (-.24% on the week, -.95% on Friday). Another tariff story made headlines over the weekend, but we may be at a point where wider markets either don’t believe it or just don’t care. Futures (and […]
Economic Commentary – February 10, 2025
The most notable number for this week is the number from Friday of last week— but NOT the nonfarm payrolls number, despite its importance. The Michigan Survey of Consumer Confidence caught almost everyone unaware, both the decline in the figure and, especially, the sharp spike in one-year inflation expectations. Although there has been much complaining […]
How Tariffs and Policy Shifts Could Impact Your Long-Term Wealth Strategy
What Policy Shifts Could Mean for Your Long-Term Strategy Many changes are unfolding in Washington, including ongoing discussions about tariffs – most recently on steel and aluminum. The outcome remains uncertain, leaving many wondering how these shifts could impact inflation and financial markets. Uncertainty often breeds concern, sometimes even fear, which can reduce consumer spending. […]
Investment Commentary – February 10, 2025
Executive Summary Non-U.S. equities are benefiting from central banks cutting rates and economic data that is holding in ok. The Bank of England cut interest rates last week, and some of its committee members wanted a bigger cut. Overall, it sent dovish ripple effects across markets, resulting in another higher bounce in broader European equities. […]