Fly or Buy? We are watching an interesting juxtaposition in markets: Recent pullbacks in high-flying semiconductor and big tech stocks have dented investor confidence, yet we are on the precipice of the largest IPO in history. The hype around AI and innovation is palpable. Investors are asking themselves: Is this a pullback in the midst…Read more
Last week consumer inflation came in slightly lower than expected, while wholesale inflation was hotter than forecast. That has left investors scratching their heads wondering what to make of it. What better way to get some answers than with a Federal Reserve meeting. While Fed officials aren’t expected to change interest rates, their readout on…Read more
Now that the dust has settled on the May jobs report, Wall Street turns its undivided (ok, very divided) attention to the other half of the Federal Reserve’s dual mandate: inflation. This week we’ll get the consumer and wholesale inflation reports. The key question is whether higher fuel prices are metastasizing into consumer prices for…Read more
