Insights

Price Return Last Week S&P 500 (0.6%)    S&P Mid Cap     +0.9%      Russell 2000      +1.2%     MSCI EAFE    +0.9%       MSCI EM +0.4%     10 Yr US Treasury Rate – rose from 4.14% to 4.20% Source: Refinitiv Eikon Recent News Fed Cuts Rates – The Federal Open Market Committee voted 9-3 to lower interest rates by 0.25%.  This brings the federal-funds rate to a range of 3.5-3.75%, a three-year low.  Of the three dissenters, two voted to keep rates the same and one voted

Price Return Last Week S&P 500 +0.4%    S&P Mid Cap     +0.4%      Russell 2000      +0.9%     MSCI EAFE    +0.8%       MSCI EM +1.4%     10 Yr US Treasury Rate – rose from 4.02% to 4.14% Source: Refinitiv Eikon Recent News Core PCE – Sep: 0.2% (Reuters Poll est. 0.2%) Oct: 0.2% After a delay extending over a month due to the government shutdown, core inflation data was released for the month of September.  Results were in-line with estimates and put the 12-month incr

Price Return Last Week S&P 500 +3.7%    S&P Mid Cap     +3.9%      Russell 2000      +5.6%     MSCI EAFE    +3.3%       MSCI EM +2.5%     10 Yr US Treasury Rate – fell from 4.06% to 4.02% Source: Refinitiv Eikon Recent News Jobs Report – Sep: 119k (Reuters Poll est. 50k) Aug: -4k After being delayed over 6 weeks due to the government shutdown, the Labor Department reported that payrolls rose by 119,000 jobs in September.  This was partially offset by a reduction in th