Federal Reserve
Written by: Paolo LaPietra, CFP® Last week was another step in the right direction for the fight against inflation with December’s CPI coming in at 6.5%. This would make the sixth consecutive month of declining inflation, down from 7.1% in November. Inflation has been a dark cloud hovering over the stock market, bond market, and…
The BFG Investment Team will share our market and economic outlook as we enter the fourth quarter with elevated inflation levels, continued interest rate hikes from the Federal Reserve, and the upcoming release of Q3 earnings data. Join Steve, Ryan, and Paolo as they discuss these important topics.
Written by: Paolo LaPietra, CFP® Whether you have been listening to the news or talking with friends and family, inflation has found it’s way into the conversation. It makes sense, inflation affects so many aspects of our lives. While stopping at the gas pump, shopping in the grocery store, or in the market for a…
As seen in The Saratogian The Fed met this week and as expected, they hiked interest rates by 0.75%. I believe this was already baked into the cake, as they say. The Fed was late to this party and should have begun hiking rates last year but is now committed to fighting inflation as best…
Written by: Steven B. Bouchey, CFP® As seen in The Saratogian. The headlines in 2022 have been overwhelming; the Russia-Ukraine conflict, Covid-19 lingering on, China’s lockdowns adding to supply chain disruptions, and inflation at 40-year highs!!! So, what has changed on the inflation front? The May consumer price index (CPI) was red hot, rising +1%…
Written by: Paolo LaPietra, CFP® With the Federal Reserve projecting three rate hikes in 2022, a recurring question I’ve been receiving is “How will rising interest rates affect my stocks?” It’s an important question to ask, especially with so much negative sentiment towards rising rates for equity investors. We’ve seen volatility so far this quarter,…
Q3 Market and Economic Update
What a summer we enjoyed and here we are with foliage showing brilliant colors before the leaves start to fall, no pun intended. Before we know it, Thanksgiving will be here, and then the holiday season. Have you had your fill of pumpkin spice this and that yet? This is supposed to be our quarterly…