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Collins and Krank

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Business, Economic and Financial news and opinion brought to you by the Advisory Team at Collins and Krank raymondjames.com/smicd.htm

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linkhttp://collinsandkrank.com calendar_today04-01-2023 16:28:04

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The Federal Reserve held interest rates steady Wednesday for the second meeting in a row and maintained a prior prediction for two rate cuts at some point this year.

The Federal Reserve held interest rates steady Wednesday for the second meeting in a row and maintained a prior prediction for two rate cuts at some point this year.
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This mornings financial headlines really highlight the questionableness of financial media. It is important to remember that they are in the business of generating views, they are not in the business of making their viewer wealthier or more financially literate.

This mornings financial headlines really highlight the questionableness of financial media. It is important to remember that they are in the business of generating views, they are not in the business of making their viewer wealthier or more financially literate.
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While inflation uncertainty still remains a concern, March headlines centered around a new driver of volatility: Tariffs. See the details and additional insights in the monthly market review. raymondjamesconnect.com/tQWj4C

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A down market lets you buy more shares in great companies at favorable prices. If you know what you’re doing, you’ll make most of your money from these periods. You just won’t realize it until much later. -Shelby Davis

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Napoleon Bonaparte once said "A genius is the man who can do the average thing when everyone else around him is losing his mind." This remains especially true during periods of market volatility and uncertainty. Doing the unglamorous, "average" thing like diversifying, or

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Gross domestic product, a sum of all the goods and services produced from January through March, fell at a 0.3% annualized pace, according to a Commerce Department report Wednesday adjusted for seasonal factors and inflation.

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Investors are in a tug-of-war after a volatile April and with continued uncertainty over President Trump's policies, which have significant effects on the markets. Read more in the monthly market report: raymondjamesconnect.com/tNF6Ab

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Consumer prices rose 2.3% in April compared to last year, down from 2.4% in March and below the expected 2.4%, according to the Bureau of Labor Statistics. This was the smallest annual increase since February 2021.

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After a whirlwind couple of months, the S&P 500 ended May with 80% of constituent stocks sitting above their 50-day moving average – the best reading since the fall of 2024. Read more about the market and economic outlook in the monthly market update. raymondjamesconnect.com/tKhkei

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Inflation came in lower than markets expected. Despite what media has been saying, there has been no unusual increase in inflation caused by tariffs.

Inflation came in lower than markets expected. Despite what media has been saying, there has been no unusual increase in inflation caused by tariffs.
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Equity markets kept grinding higher, while bond yields edged lower as signs of economic weakness began to emerge. Get the details in the June market report. raymondjamesconnect.com/toelVa