— The US is now Germany’s biggest trading partner taking over from China. — US consumer sentiment drops to a 6-month low on inflation, unemployment fears. —
Parents are the biggest “influencers” when it come to how their kids think about money and financial matters, a bevy of studies show. Even in the teenage years, ki
— The US Fed keeps rates steady as it notes “lack of further progress” on inflation. — US job growth totaled 175,000 in April, much less than expected, while
Even with some less optimistic indicators, broad signs of resiliency in the economy likely doesn’t signal help from the Fed on interest rates in the short term.
Trusts at LNW are built on relationships that grow and are reinforced over time. One of the key relationships we have as a corporate trustee is with the people whom our client
— US GDP growth slowed to a 1.6% rate in the first quarter, well below expectations. — US new home sales surged in March despite elevated mortgage rates. —
— Oil prices post weekly loss as market sees limited risk of wider war after Israel strike on Iran. — Retail sales surge 0.7% in March as Americans seem unfazed
Since the end of March, there has been a decided shift in market sentiment. LNW CIO Ron Albahary, CFA assesses what has changed and how we are keeping client portfolios on an
Over the weekend, the conflict in the Middle East reached a dangerously higher level. Iran launched an estimated 300 drones, ballistic and cruise missiles targeting Israel. Th