Top-of-mind economic news as we start the week: — The Fed’s measure of delinquent credit card debt (30 or more days late) rose to 7.2% in the 2nd quarter, the highest
Top-of-mind economic news as we start the week: — The U.S. credit rating was downgraded by Fitch Ratings to AA+ citing political instability; of the three major rating f
Macroeconomic forces remain in a tug-of-war as U.S. fiscal stimulus comes up against the unfolding impact of 11 interest rate increases, making the rest of 2023 likely more vo
Top-of-mind economic news as we start the week: — U.S. GDP grew at a 2.4% annualized pace in the 2nd quarter of 2023, indicating strength despite inflation and higher in
The first half of 2023 was a positive surprise to industry prognosticators, proving two things we tend to emphasize for good reason: (1) It’s never wise to try and predict t
Top-of-mind economic news as we start the week: — U.S retail sales rose just 0.2% in May (not adjusted for inflation), less than expected and a sign that consumers have
We took a major step recently to provide our clients with more flexibility in how their trusts are structured and operate: We created the Laird Norton Trust Company of South D
Top-of-mind economic news as we start the week: — June U.S. inflation hit the lowest levels in two years: 3% for consumer prices (CPI) and 2.1% wholesale (PPI); consumer
Top-of-mind economic news as we start the week: — Differing jobs reports for June: Payroll processing firm ADP said 497,000 private sector jobs were added vs. 209,000 fo