The Morning View: September 13, 2023
From our colleagues at our sister company, Argent Trust: https://player.vimeo.com/video/864030571?badge=0&autopause=0&player_id=0&app_id=58479 Announced this morning, the Consumer Price Index increased 0.6% in August, as expected and is four-tenths...
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The Morning View: June 30, 2023
From our colleagues at our sister company, Argent Trust: . https://player.vimeo.com/video/841284985?badge=0&autopause=0&player_id=0&app_id=58479 In this morning’s data, Personal Income grew 0.4% in May, slightly higher than expected. Personal...
The Career vs. Caregiving Puzzle
BY: Jodi Penn Rives | Business Development Officer, Argent Financial GroupBY: David W. Russell, CFP®, CSA® | Senior Vice President, Trust Officer, Argent Trust Company Suzanne’s career couldn’t be better. She’s the CAO at a growing healthcare company in Nashville....
Market Perspectives- June 2023
A Stealth Goldilocks Market • The FOMC (Federal Open Market Committee) hit a pause on a June rate hike, but the odds-on favorite prediction for next month is a 25 basis point hike. • Following ten consecutive rate increases, Fed funds rates are now above the U.S....
The Importance of Legacy and Gratitude — And Why We Still Ask the Same Question 25 Years Later
From our colleagues at Heritage, congratulations on 25 years of service! By Nancy Payne Ellis, Founding Member of Heritage Trust In 1998, the motivation to start a wealth management company was simple — self-preservation for my family. The big banks had moved into...
Savoring Success: A Love for Wine and Questions About Collections as an Investment
BY: Michael Lanese, MBASenior Portfolio Manager Wine is exceedingly popular in the United States. That is not exactly a controversial statement, but did you know exactly how popular? Americans recently surpassed the French as the largest annual global wine drinkers by...
Post-FOMC Thoughts – A hawkish pause, but 2 more hikes!?
The Decision After hiking the U.S. Fed Funds rate at 10 consecutive meetings, today, Fed Chair Powell announced that it was time to hit the pause button. As a result, Fed Funds will remain (for at least the next 6 weeks) in the 5.00-5.25% range. The decision to remain...
The Morning View: June 13, 2023
From our colleagues at our sister company, Argent Trust: https://player.vimeo.com/video/835825868?badge=0&autopause=0&player_id=0&app_id=58479 Announced this morning, the Consumer Price Index increased 0.1% in May, as expected and three-tenths lower than...
The Morning View: June 8, 2023
From our colleagues at our sister company, Argent Trust: https://player.vimeo.com/video/834415722?badge=0&autopause=0&player_id=0&app_id=58479 Announced this morning, Initial Jobless Claims were 261,000 for the week ending June 3rd, much higher than...
Market Update -June 2023
A Month At-A-Glance The S&P 500 managed a 0.4% gain despite concerns a deal might not be struck to increase the debt ceiling. The hype around artificial intelligence sent some growth stocks significantly higher. Market narrowness has reached historic levels—with a...