Wage Inflation Puts Additional Pressure on the Federal Reserve
Inflation remains a closely watched topic in financial markets. Core inflation, which excludes volatile food and energy prices, increased +6.6% year-over-year
Q3 Review 2022
At the risk of being repetitive, financial markets were unsettled and volatile during the third quarter.
Consumers Turn to Credit Cards as Inflation Pressures Finances
This month’s charts examine the trend of increasing consumer credit usage. Figure 1 charts the amount of outstanding revolving consumer credit, and Figure 2
Monthly Client Update | September 1, 2022
The S&P 500 Index returned -4.1% during August, underperforming the Russell 2000 Index (-2.0%) for a second consecutive month.
Declining Labor Productivity & Rising Labor Costs
This month’s chart looks at a trend not seen in decades – declining labor productivity and rising labor costs.
Monthly Client Update | August 1, 2022
The S&P 500 Index produced a +9.2% total return during July, underperforming the Russell 2000 Index’s +10.6% total return.