F I N A N C I A L     G R O U P ,      P .  C . 

Commonwealth CIO Brad McMillan recaps August’s market and economic news. Last month began with an initial sell-off, but it ended on a positive note as markets rallied. Fed Chair Powell announced it was time to start cutting rates, and stock and bond markets bounced on the news—with the Dow setting a new high. Given the inflation and economic data, can we expect a September rate cut? Follow Brad at blog.commonwealth.com/independent-market-observer.

                                                                                                                                     Posted September 1, 2024

​