Cuts, Party of One Not only did we have a Fed statement today, but an inflation report as well. That’s what We’d call a humdinger of a day, especially in this cycle when inflation and Fed moves have been some of the strongest drivers of markets, both up and down. However, despite cooler-than-expected CPI data…Read more
On paper, a strong U.S. dollar sounds great. It makes vacations cheaper for Americans, for example, and who doesn’t like that? But the strong greenback can also be a major headwind for financial markets and international trade, weighing on the global economy. Here’s what’s going on. Bills, bills, bills Inflation is hitting manufacturers around the…Read more
Urban Exodus Rising housing costs and flexible work arrangements catalyzed a nationwide exodus from city centers during the pandemic. But while Americans aren’t living in cities like they used to, many still work in them, necessitating longer commutes at least on some days of the week. Travel Transition It’s simple: If you live further from…Read more
