Independent Advisor Alliance

Wednesday’s inflation figure of 2.5% for August — the lowest rate since February 2021 — gives the Federal Reserve the go-ahead signal on cutting rates when it meets on Sept. 18, according to economists. “All clear for launch,” Chris Zaccarelli, Chief Investment Officer for...

Friday’s lower unemployment figure is a strong indication that the Federal Reserve may cut rates by 0.25% instead of 0.50% when it meets in less than two weeks, economists say. “This is the moment we've all been waiting for and, based on the data, it looks like the Fed won't need to...

Economists had high praise for July’s retail sales numbers on Thursday, but they believe that the Federal Reserve will still cut rates in September in the face of rising unemployment. “Today's retail sales numbers were a blowout versus consensus, but more importantly it should lay to...

The Producer Price Index for July released Tuesday showed a decline following an unanticipated rise in June, much to the relief of the markets. “The PPI data this morning came in lower than expected – across the board – which is good news for those investors that worried the Fed would have...

Financial markets are poised for a bumpy ride as they face a series of recent events that have led to a major selloff, analysts say. On Thursday, the Federal Reserve held off on cutting rates and then a cooler-than-expected U.S. jobs report landed on Friday while Iran threatened to attack Israel....

The Federal Reserve should have lowered interest rates at Thursday’s meeting, according to economists reacting to the jobs report released on Friday. The Fed has kept its key interest rate between 5.25% and 5.5% as it looks for the inflation rate to fall to 2%. “The economy and the...

The U.S. economy is much stronger than people realize, Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, said on Thursday. To the extent that markets were worried about a growth slowdown, Zaccarelli added, they “should breathe a sigh of relief” after this...

Inflation may stay elevated beyond people’s expectations, according to economists. What Happened: The Producer Price Index released Friday showed a higher-than-expected increase in June. The results surprised investors. Observers anticipate rate cuts on the horizon after a larger-than-...

Consumers are slightly more concerned over the economy this month as they assess current business and labor market conditions, according to data released Tuesday. The Conference Board said its Consumer Confidence Index dipped from 101.3 in May to 100.4 in June, while its Present Situation Index —...

Risk appetite saw a setback during the final session of the week as stock markets dipped in response to a renewed surge in inflationary pressures. Oil prices made a notable climb, with the WTI benchmark rising to $90 per barrel. The strike launched by the United Auto Workers union against the major...

The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded lower Friday morning after the Bureau of Economic Analysis reported a 5.4% increase in the personal consumption expenditures (PCE) price index in the month of January, the latest signal the Federal Reserve is struggling to bring down...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the U.S. Labor Department reported a 7.4% increase in the producer price index in the month of November, outpacing economist expectations. The PPI climbed 0.3% compared to October, exceeding the 0.2% monthly increase economists...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the Labor Department reported strong U.S. jobs market numbers from November. The U.S. added 263,000 jobs in November, beating average economist estimates of 200,000 jobs. The unemployment rate remained steady at 3.7%, in-line with...

The iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSE: LQD) experienced a record $3 billion in outflows on Monday, the largest single-day exodus since the fund was launched back in 2002. Monday's big sell-off came after the LQD fund had registered six straight weeks of inflows on...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Friday after the Labor Department reported strong U.S. jobs market numbers from October. The U.S. added 261,000 jobs in October, beating average economist estimates of 205,000 jobs. The unemployment rate increased 0.2% to 3.7%, above...