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PCE Report

The latest Personal Consumption Expenditures (PCE) report for January 2026 reinforces a theme that has defined much of the past year: steady but uneven economic momentum, with services-driven inflation remaining the dominant force. Headline PCE rose 0.3% month-over-month and 2.8% year-over-year, while core PCE came in at 0.4% monthly and

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Why Inflation Matters

Inflation has played a defining role in shaping the U.S. economic landscape throughout history. From the early days of the republic to the modern global economy, changes in the price level have influenced policy decisions, financial markets, and household finances. While often discussed in the context of monthly data releases,

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Why Similar Businesses Often Sell for Very Different Prices

Many business owners understandably focus on revenue and profitability when thinking about valuation. Financial performance is a critical starting point for buyers. At the same time, it is rarely the only factor considered. In practice, two businesses operating in the same industry with similar revenue and similar earnings can still

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Recent Labor Market Data Analysis

When analyzing the job market data, assessing the health of the labor market requires looking beyond the headline job numbers. Three key factors—employment growth, hours worked, and real wage growth—together provide a clearer picture of how income and labor demand are evolving. Jobs reflect the size of the workforce, hours

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Short Term Oil Supply Disruptions and Near-Term Volatility

Oil has long been one of the most geopolitically sensitive commodities in global markets. From the oil shocks of the 1970s to more recent supply disruptions, political developments have frequently introduced periods of heightened volatility in crude prices. However, history also shows that many of these episodes produce sharp but

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Investing Through Geopolitical Turmoil

Geopolitical turmoil is unsettling, but history shows that markets are often more resilient than the headlines suggest, and disciplined investors can use that to their advantage. Periods of war, political escalation, or global conflict can dominate the news cycle and trigger sharp market reactions. The uncertainty surrounding these events can

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The Rising Federal Estate Tax Exemption

Estate planning is shaped not only by personal goals and family priorities, but also by changes in tax law. One of the most notable developments over the past fifteen years has been the evolution of the federal estate tax exemption. This chart tracks the exemption from 2010 through 2026, illustrating

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February Market Commentary

Here is a brief February market commentary highlighting key developments across equities, fixed income, and the broader economic landscape as we move further into 2026. 1. Equities: Global Markets Lead as U.S. Rally Cools January brought a notable shift in market leadership. While the S&P 500 posted a modest gain

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Markets and Conflict: Iran Developments

What Happened On February 28, 2026, the United States and Israel launched coordinated military strikes against Iran. The operation followed months of escalating tensions, including Iran’s violent crackdown on domestic protesters and failed nuclear negotiations. Iran’s Supreme Leader Ali Khamenei was confirmed killed in the strikes. Iran retaliated with missile

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Guarding Your Identity During Tax Filing Season

Tax season is not just busy for CPAs and Financial Advisors. It is also one of the most active times of year for identity thieves. Fraudsters know that sensitive information is being exchanged. Social Security numbers, dates of birth, bank account details, income statements, and signatures are moving between inboxes,

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Why Venture Capital Deal Activity Is a Powerful Read on the Economy

Venture capital (VC) deal activity is widely viewed as a forward-looking indicator of economic health because it reflects investor confidence in future growth. When VC funding is strong, it signals that investors are willing to take risks on new technologies, new business models, and expansion plans—typically a sign that capital

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