By Samuel Rines, Macro Strategist, Model Portfolios Key Takeaways Consumers are experiencing the impact of rising inflation, particularly in the grocery sector, leading to a shift in consumer sentiment and the need to reassess budgets. Major retailers like Target and Walgreens are addressing consumer concerns by announcing price cuts, aiming to break...

The International Air Transport Association (IATA) significantly upgraded its profitability projections for airlines in 2024. The trade group now expects net profits to reach $30.5 billion, an increase from $27.4 billion in 2023. This surge in profitability is accompanied by record-high traveler numbers and revenues. A new record number of passengers is...

By Kevin Flanagan, Head of Fixed Income Strategy Key Takeaways The Federal Reserve (Fed) kept rates unchanged at the June Federal Open Market Committee (FOMC) meeting, marking the seventh consecutive meeting with no action on the rate front. The Fed’s revised outlook now projects one rate cut for this year, down from the previous projection [...] The...

By Angus Shillington, Deputy Portfolio Manager, Emerging Markets Equity Angus Shillington recently sat down with Barron’s to discuss why infrastructure is key to Prime Minister Modi’s ambitions to make India a global manufacturing center. India is making significant strides in expanding its infrastructure with a focus on building more roads and railroads....

I was a landlord once and it didn’t turn out how I expected. I think it mattered that I didn’t set out to be a landlord. I had bought a house in Baltimore City that I expected to live in for many years. Then my job relocated me to sunny Florida (who would pass that [...] The post Real Estate That Should Be on Your Radar Right Now appeared first on...

By Imaru Casanova, Portfolio Manager, Gold and Precious Metals Gold surged to a record $2,450 in May, driven by strong central bank buying and Asian demand. Miners outperformed, but gold eased by month’s end due to a stronger dollar and higher bond yields. Monthly gold market and economic insights from Imaru Casanova, Portfolio Manager, featuring [...]...