From our colleagues at our sister company, Argent Trust: Announced this morning, Personal Income grew 0.4% in April, as expected. Personal Spending grew 0.8% in April, much higher than expected and a strong rebound from the previous month. Real Personal Spending which...
Parents fearing substance abuse by their beneficiaries can include instructions aimed at deterring addictive behavior and blocking the potential misuse of funds. Originally published on Kiplinger.com May 23, 2023 For many years, parents leaving substantial wealth...
Expectations Reset • The FOMC (Federal Open Market Committee) raised rates, potentially for the last time, to a Fed Funds range of 5-5.25%, the highest since September 2007. • Inflation levels are falling, with April’s Headline CPI dropping to 4.9% from the June 2022...