It’s often said that the Fed is “data-dependent” in its interest rate decision-making process. This phrase undoubtedly frustrates advisors and retail investors alike. The near-term outlook for data dependency is potentially confusing to many ordinary investors because while the May jobs report was surprisingly sturdy, manufacturing data is slack and...

Summary: Plains All American (PAA/PAGP) is well-positioned to generate meaningful free cash flow. This provides financial flexibility and supports distribution growth. Plains unveiled a multi-year capital allocation framework in November 2022, which included clear distribution growth targets.  Plains sees growth opportunities in the Permian and Canada,...

International stocks can give investors a wider portfolio reach, especially if the tide eventually turns and the steam of a market rally in U.S. equities runs out. That said, the obvious benefit of international stock exposure is the diversification aspect. Different countries will be in various stages of the economic cycle, so upside can be [...] The...

The machinations of a recession could already be manifesting themselves in layoffs during the month of May. The job markets for retail and tech were especially vulnerable last month. Per a PYMNTS report, there was a total of “80,089 job cuts announced by United States-based employers in May, with the technology sector being hardest hit.” [...] The...

There’s no denying that that generative artificial intelligence (AI) is captivating the technology sector and broader financial markets this year. Just look at semiconductor giant Nvidia (NASDAQ: NVDA), which is up 169.10% year-to-date — a staggering ascent for a company with market capitalization of nearly $950 billion. Given the myriad applications...

Evan Harp is sitting down with the Exchange Advisor Council members. His goal is to learn their backstories, what they plan to bring to Exchange, and to unpack some of their market views. This week he spoke to Accuvest Global Advisors President David Garff. Evan Harp: Tell us a little bit about how you got [...] The post Meet David Garff: A Tale of...