by Colleen Kelleher Sorrentino, Stacey Mankoff, 7/2/24 original post Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives. Inflation can impact your investment portfolio by slowly eroding its value, silently reducing your…
By Tom Burnett CFA The Bureau of Labor Statistics issued its report on Consumer Prices on July 11, 2024. The CPI fell 0.1% in June, following an unchanged reading in May. The Index rose 3.0% from the prior year. The Core Index, excluding food and energy, rose 0.1%, after a reading of 0.2% in May....
By Tom Burnett CFA On July 5, 2024, the Bureau of Labor Statistics released its Employment Report for June 2024. The economy added 206,000 new jobs, bringing total employment to 159.4 million. The number of unemployed workers remained at 6.8 million and the rate moved up to 4.1%, from 4.0% in the prior…
By Tom Burnett CFA On June 12, 2024, the Bureau of Labor Statistics released its CPI report for May, 2024. The CPI was unchanged after an increase of 0.3% in April. The May figure was the lowest monthly figure for the year thus far. Over the past 12 months, the CPI is up 3.3%. down...
By Tom Burnett CFA On June 7, 2024, the Bureau of Labor Statistics issued its May Employment Report. The employed total increased by 272,000, above the 233,000 monthly average gain over the past 12 months. The unemployment rate rose from 3.9% to 4.0%. That rate has now been measured at 4.0% or lower…