Finally! After months of aggressive interest rate increases, the Fed might be making some headway to lower inflation. Last week’s Consumer Price Index (CPI) report for October finally showed that inflation is starting to cool substantially. Truth be told, inflation has been coming down all summer now, but it just
Any uncertainty around monetary policy shifts were answered last week at the Federal Open Market Committee’s policy meeting. With that done, investor’s attention now pivots to Tuesday’s midterm elections. The outcome in the race for the house and senate will set a tone for any changes in the current legislative
It's earnings season and the main attraction of Wall Street's Halloween spectacular is market performance. Especially after such a spooky and volatile year, investors care a lot about fundamentals this go around. So far, sentiment has felt buoyant as more than half of S&P 500 companies have reported and more
Two weeks have passed since the beginning of Q3 earnings season, and many firms have reported numbers higher than expected. 20% of the S&P 500 companies have reported, and over a quarter of them have outperformed expectations. We’ll provide you with more details on earnings next week, as 37% of
Last Wednesday, October 12th, the Apriem Investment Team and I hosted a very timely Market Update Webinar. We discussed how our portfolio strategies are structured to lean on quality, allocation, and research to support your portfolio during a recession. We also answered clients’ frequently asked questions on market timing, inflation,
The information provided in this webinar should not be considered a recommendation to purchase or sell any particular security. There is no assurance that any securities discussed herein will remain in an account’s portfolio at the time you receive this report or that securities sold have not been repurchased.
Giving back is one of Apriem's core values. It was a heart-warming experience to be back in person with the organizations we support through Apriem Cares. Below are highlights of our generosity efforts this quarter. July 2022: Apriem partners with Working Wardrobes to empower
This week the spotlight is on former chairman of the Federal Reserve, Ben Bernanke, who was awarded the Nobel Prize in Economic Sciences and two other U.S. academics for their work on banks and financial crises. This news is refreshing given the hawkish news coming from the current Fed Chairman
Last week, after a flood of international news, the stock market fell to its lowest point since November 2020. From the unexpected tax cuts announced by the UK government causing the pound to plunge, to the inexplicable damage to the Nordstream gas pipeline. In addition, despite declining stock prices and
Fall, one of my favorite seasons, started this week. It’s a time when we could all start getting some reprieve from the recent heat wave. Unfortunately, it coincided with a market that continues to fall. It should not have been a surprise to anyone that follows the markets that the
