On Thursday, February 6, 2020, KFA’s Chief Investment Officer Colleen Kelleher Sorrentino participated in a panel discussion on the current trends and market forecast into 2020 along with panelists from Goldman Sachs, Offit Capital Advisors, Independence Financial Advisors and C.J. Lawrence
By Tom Burnett, CFA On February 13, 2020, the Bureau of Labor Statistics released consumer price inflation data for the month of January. Overall CPI inflation was up 0.1% from the prior month and 2.5% on a year-over-year basis. The Core rate, excluding food and energy, rose 0.2% for the month, and 2…
By Tom Burnett, CFA On February 7, 2020, the Bureau of Labor Statistics released the January report on ‘The Employment Situation’. Total nonfarm payroll employment rose by 225,000, well above the consensus estimates of 165,000 (Bloomberg LP). Total revisions for the previous two months added 7,000…
Kelleher Financial Advisors 4th Quarter Newsletter
By Tom Burnett, CFA On Wednesday, January 29, 2020, the Federal Reserve concluded its two-day meeting with a formal announcement that it would not be changing the Fed Funds rate. The target rate remains a range of 1.5% to 1.75%. The Fed’s formal policy statement noted that inflation was low and economic…