Last month looked calm on the surface, but proved more nuanced.

Recent weeks have brought significant developments — from pivotal Federal Reserve policy shifts to breakthrough advancements in technology. In October, markets also faced an unusual challenge: a data “fog” from the government shutdown that underscored the value of maintaining a diversified and adaptive portfolio approach. Meanwhile, sustained momentum in AI and cloud computing has reinforced mega-cap technology’s leadership, providing stability even as questions around inflation and labor markets persist.

Today, we’re breaking down the latest economic data, Fed actions, and what they could mean for your portfolio this fall. Our goal remains the same: to keep you informed and well-positioned as we navigate the months ahead.

August delivered fluctuations in U.S. markets, with rallies and pullbacks driven by shifting Fed policies, durable earnings, and stubborn inflation. The economy remains strong, but consumer spending and labor data show signs to watch, as tariffs push up prices

July was chock-full of key economic developments, from monumental legislation and trade deal fluctuations to a tense Fed meeting and labor market weakness. With all of this activity, I wanted to reach out today with a quick overview of what to know as we head into August.

June saw markets improve as the inflation narrative shifted and trade policy zigged and zagged. Confronted with such a challenging assortment of factors, the Federal Reserve is remaining cautious. Read on for key highlights from last month.

June 2025 Market Update S&P 500 surges, trade & inflation relaxationHope you are doing well. Last month brought us surging stocks fueled in part by progress on trade with the United Kingdom and China and inflation metrics released during the month following a...

May 2025 Market Update Volatile Stocks, Inflation Moderation, May Flowers?Hope you are doing well. Last month brought volatile markets early in April, yet it also presented moderating inflation metrics and a strong finish for large-cap technology stocks. With all of...

April 2025 Market Update Trade Uncertainty, Long-Term DisciplineHope you are doing well. Last month brought trade tensions and some mixed inflation readings as major U.S. stock indexes declined, making it an opportune time to share an overview of what happened and...

March 2025 Market Update March Update: Tariff Talk Dominates, Spring AheadHope you are doing well. Last month brought some warm inflation readings and continuing tariff talks, which contributed to potential economic uncertainty. That makes the start of the new month a...