It’s been a case of one step forward, two steps back for municipal (muni) bond investors this year. What started out as one of the best January’s in recent memory for munis, quickly turned into one of the worst February’s on record.

Based on data released this week, the domestic housing market for both single and multi-family units had a very strong month in May. This is important because increased construction, especially of multi-family units, should help relieve some pressure

The Federal Reserve (Fed) released its quarterly Senior Loan Officer Opinion Survey on Bank Lending Practices yesterday and it continues to show banks are tightening lending standards on commercial and industrial (C&I) loans. C&I loans are an

• Small businesses, considered the backbone of the economy, are shrinking hiring plans. Hiring intentions among small businesses declined in March, implying that upcoming job reports will likely be lackluster.

• Firms are hunke

The Federal Reserve (Fed) has raised short-term interest rates at the most aggressive pace since the 1980s in an effort to bring down the highest inflationary pressures in more than 40 years. Certainly, the main motivation behind these aggressive rat

Overview

• Manufacturing activity last month fell to its lowest since May 2020, as recession fears loom in front of businesses and consumers alike.

• Employment shrunk for the second month as firms cut workers in response to weaker de

LPL Financial held its FOCUS conference at the Colorado convention center in Denver, CO from July 24-27. LPL Research was proud to be part of this annual event that allows thousands of LPL’s financial advisors to experience industry-driven sess

Headline inflation in May rose 8.6% from a year ago, accelerating from April’s 8.3% growth rate. The Consumer Price Index (CPI) rose to the highest year-over-year increase since December 1981. The spike in consumer prices were fairly broad-base

The latest personal income and spending data from the Bureau of Economic Analysis show that part of the driver of spending growth in April was from savings. Another engine driving consumer spending was credit card usage but first, consider the saving

The Bureau of Labor Statistics released the February Consumer Price Index (CPI) data this morning, showing headline CPI climbed 0.8% month-over-month while core CPI, which excludes volatile food and energy prices, rose 0.5% month-over-month, both aro