Month: December 2024
Good News – Travel Plans
Hi All, After a very light travel schedule this past year, I’m happy to report that I’m heading to Asia for two months. I’ll be visiting Thailand, Vietnam, and Korea. While I may take some time off during the trip, I typically work the entire time I’m away. Something about the friction of dealing with … Read more
Weekly Points – December 20th, 2024 – 5 Things to Know in Investing This Week – The Dollar Milkshake Edition
In a week of silly and contradictory headlines, the Federal Reserve takes the top spot. The world’s premiere central bank managed to lower the fed funds rate into increasing inflation while reducing future rate hike expectations. Every month, they appear more political. After a month of reporting on weak consumer sales in high-priced discretionary items, … Read more
authID ($AUID) Update Coming
We have a meaningful update coming on authID ($AUID). Please check the blog Monday morning ahead of the 9:30am market open.
Federal Reserve Cuts by 25bp
The Federal Reserve just completed its final meeting of the year and as expected, cut the fed funds rate by 25bp (.25%) to 4.25% – 4.50%. This completes the last cut of the year with a total of 100bp (1%) of cuts for 2024. The release commented on elevated inflation, expanding economic activity, and an … Read more
Weekly Points – December 13th, 2024 – 5 Things to Know in Investing This Week – The Fed Does Not Have Inflation Under Control Issue
Both the CPI and the PPI rose from the prior month (again) as DKI predicted. Yet, the Fed is about to cut rates for the third time this year. Just a reminder that we can make money even from bad policy, so make sure your portfolio is prepared for more inflation. The European Central Bank … Read more