The Pulse on the Economy and Capital Markets: September 2024

The Pulse

To Summarize: The markets rose on expectations that the Federal Reserve would be more aggressive in cutting interest rates. Consumer spending trends are split as lower-income groups continue to struggle, while middle- and upper-income groups are still spending, just more cautiously. Economic indicators show mixed signals for the services and manufacturing sectors, and China’s weak…

Read More

The Pulse on the Economy and Capital Markets: August 2024

The Pulse August 2024

To Summarize: In August, we saw significant market volatility leading to sell-offs, followed byrecord-setting rallies. Earnings season presented mixed results with stronger profits anddisappointing revenues. The economy is showing mixed signals as growth continues but at aslower rate. Consumers continue to spend but are delaying big ticket purchases until theFederal Reserve (Fed) lowers interest rates.…

Read More