Estimated reading time: 3 minutes First and 50 It’s been 301 days since the last rate move by the Federal Open Market Committee (FOMC), and the wait is finally over. The Federal Reserve cut rates for the first time in this cycle today, and by 50bps no less, bringing the federal fund rate’s upper bound down to…Read more
Estimated reading time: 3 minutes Economic Output The U.S. economy is growing, making it the envy of its peers. There are a lot of forces at work, but one demographic has had a notable impact on this recent economic growth. Hispanic Americans generated $3.6 trillion in gross domestic product (GDP) in 2022, according to a report from…Read more
Estimated reading time: 3 minutes A look at month-end performance data shows that August was another mostly positive month, but that misses the notable market stress in the first week of the month. The VIX surged to an intraday high surpassing 65 on August 5, as markets underwent a wave of selling and risk-off rotation. Japan was…Read more
