Newsletters

Happy June! The markets are breathing a sigh of relief with the passage of the federal debt ceiling legislation waiving the debt ceiling until January 2025. In some ways, this is a major accomplishment, but in another way, this just allows us to focus on underlying economic growth and corporate earnings. Corporate earnings have declined […]

Happy May! Recently, the markets have quieted as investors realized that most of the federal reserve interest rate hikes are behind us.  This is leading to optimism in the fight against inflation, which has now fallen to 4.9 percent in April 2023 from the high of 9.2 percent in June of 2022, even if it

Happy Easter! The market appears to have dodged a bullet with the recent regional bank crisis. And now recent inflation figures show a continued decline in personal consumption expenditures (PCE), declining to an annual rate of 5.0 percent from 5.7 percent in November. Overall, the Federal Reserve has a dual mandate of maximum employment, i.e.

Happy March! There are many reasons to celebrate the coming days of spring, not the least of which are the warmer days and many opportunities to enjoy the endless blossoms of spring. This past winter proved less harsh than expected, and the markets performed similarly. December started down, January turned up, and February turned down

Happy February! As we enter mid-winter, the U.S. economy is showing resilience even as it slows its pace of growth. In 2021, the U.S. GDP grew at a rate of 5.7 percent; in 2022, at a rate of 1.0 percent; and in 2023, we expect 0.7 percent. Given the U.S. population grows at roughly 1

Happy New Year! The U.S. economy is expected to expand by 3.9 percent for the 4th quarter of 2022 according to the GDPNow™ estimate of the Federal Reserve Bank of Atlanta on January 3, 2023.  While this is surprisingly strong given the Conference Board Leading Economic Index® which predicts a recession in 2023, it does

Happy December! The number of new jobs in November came in at 263,000 and the unemployment rate stayed at 3.7 percent. This is good news even if there is continued weakness in the U.S. economy. According to the Congressional Budget Office, the U.S. economy adjusted for inflation is expected to grow -2.0 percent to 1.8

Happy November!  According to The Conference Board which releases the monthly U.S. Economic Leading Index® (LEI), the U.S. will “likely” be entering a recession by the end of 2022.  With this in mind, Gauthier Wealth Management decided to forego its fall client/prospect event to make a donation to the Second Harvest Food Bank.  The only

Since last October, the cost of a dozen eggs has nearly doubled to $2.94, a pound of coffee has shot up $1.50, chicken breasts cost an additional $1 per pound, and a ½ gallon of ice cream is up 75 cents, according to the U.S. Bureau of Labor Statistics. Overall, the inflation rate is 8.3

Happy Fall! It’s sometimes difficult to know who’s more happy about school resuming, parents or kids? With the Federal Reserve’s newfound determination to reduce inflation and the expectation of future inflation, it’s now hard to figure out who’s happy with higher interest rates, rising unemployment, and slower growth. And yet, that is precisely what we