U.S. indices were up by low single digits in July, with the Nasdaq doing best as tech stocks continued to rally. International markets also did well, but fixed income was weaker. This market performance reflected the underlying economy. Strong job creation pushed consumer confidence up significantly, supporting income and spending growth. Inflation continued its decline, although the Fed raised rates again as expected.

Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.

There was a lot more data this week than last—and all of it was good. Everything we are seeing suggests that the economy is still growing, despite the headlines and fears. While there are certainly risks out there, the data is showing a resilience that no one expected, and that is a good sign for the future.

With the Fed’s regular meeting scheduled to conclude today, there has been a tremendous amount of commentary around what the Fed is going to do, what it should do, what it might do, and so forth. The consensus is that the Fed will raise rates 25 bps and then signal—something—going forward.

Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.

This will be a short post for a couple of reasons. First, there isn’t a ton of news to talk about and nothing really notable. Second, I want to head up to Maine for the weekend to eat lobster rolls and hopefully get some sun. Here’s hoping.

My colleague Sam Millette, director, fixed income on Commonwealth’s Investment Management and Research team, helped me put together this month’s Market Risk Update. Thanks for the assist, Sam! Let’s take a closer look.

Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.

There was one word that mattered this week: inflation. The consumer and producer data reports were released, and they both said the same thing. Inflation is down, significantly. That news took interest rates down and the stock market up. It was a good week from economic and investment standpoints. To understand why, let’s dig in a bit.

My colleague Sam Millette, director, fixed income on Commonwealth’s Investment Management and Research team, helped me put together this month’s Economic Risk Factor Update. Thanks for the assist, Sam! Let’s take a closer look.