June Outlook: Fed Rate Cut Keeps Getting Delayed

Federal Reserve policymakers meet June 11-12, but almost no one expects that they’ll cut interest rates. Market watchers generally agree that the Fed is unlikely to move on rates until late 2024 at the earliest. With investors hyperfocused on inflation, Minneapolis Federal Reserve President Neel Kashkari garnered headlines when he told CNBC in late May that…

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May Outlook: Never Mind About Those Rate Cuts

Just a few months ago, everyone thought the Federal Reserve would cut rates six times this year. Now, with inflation still high and the labor market continuing to boom, a new possibility has emerged: The Fed might not cut rates at all. “Given the strength of the labor market and progress on easing inflation seen…

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Why We Love Investing in Car Washes 

Why We Love Investing in Car Washes  Over the past decade or so, as Gen Z and Alpha enter the stage and Millennials age into middle adulthood, there has been a significant shift in consumer behavior, veering away from the traditional ‘do it yourself’ services towards a more convenient ‘do it for me’ model. This…

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April Outlook: Strong Economy Postpones Rate Cuts

Inflation is still running hotter than hoped, labor markets are near full employment, and stocks and home prices are at or close to record levels. Against that backdrop of a booming economy, Federal Reserve Chairman Jerome Powell is communicating that the central bank is in no rush to cut interest rates. “This economy doesn’t feel like it’s…

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March Outlook: Fed Watchers Return to More Cautious Outlook

Not so long ago, investors expected the Federal Reserve to cut rates six times in 2024. But still-high inflation and a still-strong job market keep throwing wrenches into those optimistic plans. Now, it seems likely that the central bank will hold off on cutting rates, and it is almost certain to make fewer cuts this…

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February Outlook: How Long Until Fed Cuts Rates?

Investors keep hoping the Federal Reserve will cut its federal funds rate from its current target of 5.25% to 5.5%. And Jerome Powell and company keep disappointing the optimists. The latest example came at the Fed’s Jan. 31 meeting. The Federal Open Markets Committee held steady on rates – and Powell, the Fed’s chairman, indicated…

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2024 Outlook: Fed Finally Gives Investors Some Good News

Nearly two years after it began aggressively raising interest rates, the Federal Reserve has signaled that 2024 will be the year when investors get relief. In mid-December, markets cheered the Fed’s signals that it has finished raising rates this cycle and expects to begin cutting in the coming months. Reflecting investors’ new expectations, 10-year Treasury…

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November Outlook: U.S. Economy Keeps Surging – But For How Long?

Just when you expect the United States economy to zig, it zags. Gross domestic product, the primary measure of economic output, grew at a 4.9% annualized rate from July through September, the Commerce Department reported Oct. 26. The faster-than-expected pace outperformed forecasts. Since the Federal Reserve began aggressively raising interest rates in early 2021, nearly everyone has…

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October Outlook: ‘People Hate Inflation’

The U.S. economy continues to power through the Federal Reserve’s most aggressive tightening in decades. Unemployment is still below 4%, and stocks and home prices remain near record highs. Surprisingly, inflation is ticking up again. The unexpected resilience of the American economy is behind the Fed’s new stance of keeping rates  “higher for longer.” While…

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