by Credent Wealth Management | Dec 19, 2023
Increasingly Optimistic Consumer health will dominate headlines in 2024 as the eventual recession becomes a reality. The onset of a recession is a lagging indicator and represents a normalized shift in the business cycle, one that has occurred every 6.5 years since...
by Credent Wealth Management | Nov 21, 2023
The Quick Take: The actions of the Federal Reserve in raising interest rates appear to be working. Retail sales slowed in October. Slower growth in spending does not mean that spending has halted. Inflation slowed once again last month, adding further credence...
by Credent Wealth Management | Oct 10, 2023
What has happened? On October 7th, the militant Islamist group Hamas fired missiles from Gaza and sent its fighters into Southern Israel, prompting Israeli Prime Minister Benjamin Netanyahu to declare war. As of October 9th, reports indicate that the conflict...
by Credent Wealth Management | Oct 3, 2023
The U.S. government avoided a shutdown on October 1, 2023, after Congress approved legislation to extend the deadline to pass all appropriation bills to November 17, 2023. Should Congress fail to fund the government for the next fiscal year by this deadline, a...
by Credent Wealth Management | Sep 12, 2023
Notes on Increasingly Optimistic > Labor Market & Consumer Sentiment Our assessment on consumer consumption, the labor market, and overall consumer sentiment proved largely accurate and may continue to play out through the rest of 2023. Insight on consumer...
by Credent Wealth Management | Aug 8, 2023
Overview The economic backdrop thus far in 2023 has proven more resilient than expected. This is especially true as the consensus largely predicted that the U.S. economy would enter a recession heading into 2023 amidst a tightening monetary policy backdrop designed to...
