August 2022

Happy August! With the latest release of the U.S. Consumer Price Index (CPI), it appears we have reached a peak in inflation. The inflation index increased 8.5 percent in July, down from the 9.1 percent annualized increase in June. While this is far from the Federal Reserve’s target of 2 percent, it is in the right direction, and actions by the Federal Reserve often take many months to be fully felt in the marketplace. An example of this is the Federal Reserve’s selling of assets on its balance sheet. Begun in June, July, and August at $47.5 billion per month, these sales will increase to $95 billion per month in September. The market anticipates a shrinking money supply, higher interest rates, and declining inflation will result in a mildly recovering economy.


Paying for College: Pieces of the Funding Puzzle

Dividends for Income and Total Returns

Finding Forgotten Funds

What the Red-Hot Job Market Means for Workers

Click To Read GWM Newsletter – August 2022