Testing the Low – March 31, 2025
March 31, 2025 Good morning, Friday’s -2% decline on the S&P 500 Index was not predicted, but it was easy to understand. The Fed’s preferred inflation gauge – the personal consumption expenditures (PCE) price index – was released early Friday morning. Unfortunately for bulls, core PCE prices came in a little warmer than expected while Personal […]
Q1 2025 Economic Recap
Chief Economist Jeanette Garretty provides a recap for Q1 2025. She discusses consumer confidence, personal income, Federal government employment, job creation, and tariffs.