Walter Todd provides a market performance update. The unemployment rate dropped to 13.3% and there was a slight increase in consumer confidence. On the other hand, the DOW experienced a sell-off and many parts of the country had an uptick in COVID-19 cases.
Economic Overview By Dr. Mark PylesOn September 20th, the Federal Reserve Open Market Committee (FOMC) released their latest Summary of Economic Projections (SEP). Within those projections, the median real GDP growth rate was revised up to 2.1% for 2023, while the...
October 6, 2023I hope this letter finds you well and that you are enjoying the seasonal changes in the air and perhaps some football (not really great for this Gamecocks fan). I’m sure most of you saw the news that Jimmy Buffet passed away last month. While I...
Market Update It's only Wednesday, but this week's headlines have already been a roller coaster. In a historic first, the Speaker of the House has been ousted as a government shutdown is narrowly avoided, at least until November. In his typical, straightforward...