In a 9-3 vote, the Fed policy committee chose patience in the face of elevated inflationary pressures, but the dissenting votes raise pressure for a rate hike in September.
A cooler CPI report brought welcome news for investors, but persistent inflation pressures and higher oil prices continue to complicate the Fed's outlook.
The global earnings boom may support stocks, but concentration risks remain. Investors should consider diversifying beyond a narrow group of AI beneficiaries.
This episode examines the growing case that investors have moved beyond the low-inflation, low-volatility "Great Moderation" Era and into a new "Temperamental" Era.
Find Market Commentary content
Divided Fed Leaves Interest Rates Unchanged
Why Bitcoin's Attack Costs Matter for Valuation
AI Concentration & the Case for Rebalancing
When to Consider Out-of-State Munis
What's in the Fed's Toolbox?
A Sigh of Relief on Inflation
Muni Bonds and Extreme Weather
Navigating the Global Earnings Boom
Welcome to the Next Temperamental Era