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Weekly Wrap: Q3 Earnings Off to a Strong Start

Weekly Wrap: Q3 Earnings Off to a Strong Start

by admin | Oct 25, 2024 | Market Outlook, Weekly Wrap

Dear Friends, The third quarter earnings season is off to a strong start, with banks leading the way and reporting an average earnings surprise of 6%. This positive momentum is supported by a steadily growing economy, which continues to drive revenue opportunities...
Weekly Wrap: Federal Reserve “Recalibrating” Policy

Weekly Wrap: Federal Reserve “Recalibrating” Policy

by admin | Oct 11, 2024 | Market Outlook, Weekly Wrap

Dear Friends, Federal Reserve Chair Jerome Powell said last month’s decision to cut the fed funds target rate by a half percentage point was due to a “recalibrating” policy, as the Fed follows its dual mandate regarding inflation and growth. The new buzzword —...

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