The Census Bureau’s Advance Retail Sales Report for July showed consumer spending was slightly lower than expected, with headline sales rising 0.5%. This marks the second consecutive monthly increase and was just below the expected 0.6% rise. For an inflation-adjusted perspective on retail...
Lauded for their yield, credit quality, and of course, their federal tax-free income, municipal bond benefits are also extending into the containment of tariff contagion. A pair of funds that income investors should consider are the Vanguard Tax-Exempt Bond ETF (VTEB) and the...
2025 marks a nuclear shift as global energy needs and tech trends fuel market opportunities. Key Takeaways U.S. nuclear policy is accelerating, with 2025 Executive Orders targeting a 4x increase in capacity by 2050 and streamlining the regulatory process. Big Tech is doubling down...
Federal Feud – The Federal Reserve did not cut rates at its July meeting, leaving the short-term interest rate unchanged for the fifth time this year. However, two of the seven voting governors voted to reduce borrowing costs, which is the first time in...
The first full week of August offered a concise lesson in how quickly the policy calculus can shift when both politics and data align. Equity markets wobbled after reports that Governor Christopher Waller, not Kevin Warsh, is now the front runner for the...
The S&P 500 notched three new record highs this week but the rally fell short on Friday. The index ultimately finished the week up 0.9%, its fourth weekly gain in the past five weeks. Here is a snapshot of the index from the...