Trillions in wealth transfer to women by 2048! Advisors must adapt to new client goals & risk profiles. Firms face valuation shifts.
Nasdaq up 0.4%, Dow down 0.7% weekly. Inflation dips to 2.7%, fueling rate cut hopes. Valuations a concern.
Scrapping tariffs could boost global growth 0.5% & cut US inflation 0.4%. Tariffs likely to stay, but reversal offers upside.
Fed's Hammack sees no rate cuts until spring, citing inflation fears over labor market fragility. Rates hold at 3.5-3.75%.
Fed rate cuts push avg MMA rates to 0.58%, but top accounts hit 4% APY. Lock in gains now!
30-yr mortgage rates at 6.03%, 15-yr at 5.42%. Refi rates slightly higher. Focus on credit score & down payment for better offers.
Buddy the Elf's $2/hr wage vs. today's inflation: A stark reminder of rising costs. Watch your wallet!
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