Over the past three months, the economy has held up better than many expected. Rising rates have helped bring inflation down and slow economic activity enough, without heavy job losses or increased stress on the banking system.
Here’s our read on the stability of the financial system, the status of the fight against inflation, and the outlook for the economy. We recognize there are many moving parts, making assessments difficult.
The terms entrepreneur and small business owner are often used interchangeably, and understandably so. Often, each is responsible for a vision and enterprise greater than themselves.
Yet there are key differences between the two that may be more important than you think. Why?
Since last March, the Fed has raised rates more aggressively than at any point in the past forty years. The latest economic data shows that the economy is slowing materially without causing rising unemployment—an impressive feat and begging the question, has the Fed done enough?
Last week’s better-than-expected inflation report brought relief to markets. Both stocks and bonds rebounded as investors anticipated that the Fed won’t have to be as aggressive in raising rates to tame runaway prices.
When it comes to growing and protecting your wealth people feel that the future today is more uncertain than ever before. CIO Cannon Carr talks about the role of psychology and data in today's financial markets.