Investment Management

Markets latched onto Waller and Williams’ comments as permission to lean into the possibility of a December rate cut.

Inflation and labor are both cooling - CPI is easing toward ~2.5-3.0% while job cuts just hit their highest October level in 22 years, signaling a softer but still functioning economy.

The Federal Reserve’s September rate cut – 25 bps down to a 4.00–4.25% target range – was the key refrain of Q3 After the fastest hiking cycle in decades, the Fed has pivoted toward easing, citing balance-of-risks and a softer labor market.

Wealthstone Group's March 2025 Market Commentary analyzes recent equity volatility, emphasizing the importance of diversification amid uncertainties, particularly around tariffs and inflation expectations.

Wealthstone Group’s February 2025 market commentary explores key economic indicators, market trends, and productivity shifts amid inflation and trade policy concerns.

Overall, the US Economy remains strong, inflation is moderating and we see pent-up business activity which could provide for economic tailwinds.

Insights for November 2024. The intense political campaigning and apparent risking polarization that characterized the 2024 election cycle is finally over.