As the Ticker Turns
New year, new FED guidance
The last time we talked, the Federal Reserve was busy addressing one half of its dual mandate: full employment. Generally, when we see the FED in the news, it’s regarding things like interest rates or treasury purchases. But creating the monetary conditions for a healthy labor market is part of the job too. And boy…
Read MoreMarket Malaise: Was Q3 a reality check?
Ryan Murphy Director of Marketing EdgeRock Wealth Management It’s been a while since we’ve seen months like September. Domestic markets saw their biggest selloffs since March of 2020, and by the end, the S&P 500 was down more than 4.5 percent at last Thursday’s close. Those kinds of drops tend to inspire a lot of…
Read MoreA tantrumless taper? Federal Reserve remarks barely cause a stir
Last week the Federal Reserve Bank of Kansas City gathered online central bankers, policymakers, academics and economists from around the world for its annual Jackson Hole symposium. These meetings are generally worth paying attention to, as they often reveal important decisions concerning U.S. monetary policy. But this meeting may have been especially significant, due in…
Read MoreWhat to Expect When You’re Expecting Inflation
By Ryan Murphy Director of Marketing In his address to the media two weeks ago, Federal Reserve chairman, Jerome Powell, acknowledged inflation concerns but remained unwavering in his commitment to low interest rates in the face of still-high unemployment. “We’ve still got a lot of people who are out of work,” Powell said in his…
Read MoreGlimpses at our post-pandemic, post-ARPA economy
Today marks a significant anniversary in the history of EdgeRock. Exactly one year ago, Kyle gathered our team around our conference room table and asked us to figure out how to work from home for the foreseeable future. We had just spent three weeks pulling all the available levers on our client accounts to mitigate…
Read MoreGameStop, Stimulus, and the Uncertain Threat of Inflation
GameStop might be the most interesting story in financial markets, but it’s far from being the most important.
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