SpaceX’s Growth Story Takes Center Stage Following an eventful and headline-grabbing IPO, SpaceX shares have begun to settle, allowing investors to focus on the company’s strong fundamentals and ambitious growth plans. The company has developed into an integrated infrastructure platform spanning space launch, global communications, and artificial intelligence. These businesses reinforce one another as reusable […]

Fed Hikes, but the Economy Keeps Moving The Fed was the main focus last week, raising the federal funds target range by 25 basis points to 3.75%–4.00%, marking its first rate increase in more than three years.[1] The updated dot plot pointed to a higher-for-longer rate environment, with 16 of 18 officials expecting at least […]

Fed hikes rates The Federal Reserve approved a quarter-point interest rate increase on Wednesday, lifting its benchmark rate to 3.75%-4%. The move reflects ongoing concerns about elevated inflation, driven in part by higher energy prices and other economic pressures. Most Fed officials indicated they expect at least one additional rate hike this year. As a […]

Market Volatility and the Road Ahead It was another busy week, with a lot of data, moving parts, and ultimately more volatility. Some of that volatility was expected, particularly given September’s history as one of the more challenging months for markets. Over the past five years, the S&P 500 has averaged a 2.7% decline in […]

Rate Hike Back on the Table Today, market expectations for a Federal Reserve rate increase next week surged after August wholesale inflation came in firm and oil prices climbed above $100 per barrel, reinforcing concerns that inflation pressures remain persistent. Traders are now pricing in a strong likelihood of a September rate hike and are […]

Iran Conflict Further Constrains Global Energy Supply Tensions between the U.S. and Iran escalated again this week, increasing concerns about the availability of global oil and natural gas supplies. The U.S. military destroyed five Iranian tankers after Iran’s Islamic Revolutionary Guard Corps attempted to strike a U.S. Navy warship with ballistic missiles. Tehran responded by […]