The King Cruse Bitter Group - Baird Private Wealth Management

Strategas Chief Economist Don Rissmiller looks at some higher-level economic ideas – the status of the labor market, the Federal Reserve’s long-term interest rate target, and the impact of recent worker productivity data.

Market Strategy Weekly - August 30, 2024 Strategas Chief Economist Don Rissmiller takes a look at some higher level economic ideas – the status of the labor market, the Federal Reserve’s long-term i...

Strategas Head of Fixed Income Research Tom Tzitzouris breaks down how the recent stock market volatility interacts with the bond market. He also dives into the labor market, the Federal Reserve, and the overall economic outlook.

Market Strategy Weekly - August 23, 2024 Strategas Head of Fixed Income Research Tom Tzitzouris breaks down how the recent stock market volatility interacts with the bond market. He also dives into ...

Strategas Investment Strategist Ryan Grabinski breaks down the recent volatility in equity markets before closing the book on the second quarter earnings season and giving an outlook for Federal Reserve interest rate cuts.

Market Strategy Weekly - August 16, 2024 Strategas Investment Strategist Ryan Grabinski breaks down the recent volatility in equity markets before closing the book on the second quarter earnings sea...

🦞 Age is Just a Number: Meet the 104-Year-Old 'Lobster Lady' 🚤
Virginia Oliver, Maine's maritime marvel, just renewed her commercial lobster license at 104 years old. Why? Because retirement isn't in her vocabulary!

Picture this: A centenarian rising at 3 AM, donning lipstick and earrings, to catch lobsters thrice a week. That's Virginia's life, and she wouldn't have it any other way.

Her secret? "You've gotta keep living, you gotta keep working."

Virginia's story isn't just about lobsters. It's about passion, purpose, and shattering age stereotypes. As we plan for our futures, perhaps we should ask: What's our equivalent of Virginia's lobster boat?

Let's celebrate those who prove that life's adventures don't have an expiration date.



Source:

104-year-old has been catching lobsters for more than 90 years: 'I'm not going to retire' At 104 years old, Virginia Oliver is setting sail this year to continue doing the job she's loved over 90 years: catching lobsters.

Strategas Chief Economist Don Rissmiller breaks down the big questions facing the U.S. economy: what are the odds of recession, is the Fed behind the curve, and what is he watching in coming months to get a read on things?

Market Strategy Weekly - August 9, 2024 Strategas Chief Economist Don Rissmiller breaks down the big questions facing the U.S. economy: what are the odds of recession, is the Fed behind the curve, ...

Bonjour, Olympic enthusiasts! As Paris prepares to host the Games, let's dive into the captivating world of 'Les Français':

🥐🍷 Known for romance and gastronomy, France is also a melting pot of diversity and debate.
🎨🗽 Home to liberté, égalité, fraternité... and complex social challenges.
👥 68.4 million strong, with a rich tapestry of cultures and histories.
⛪🕌 Officially secular, yet steeped in religious heritage.

From Asterix to fine wines, from ancient Gauls to modern multiculturalism, France defies simple categorization. It's a nation of paradoxes, passions, and endless fascination.

What's your favorite aspect of French culture? Share below!



Source:

As Olympic hosts, 'Les Français' are in the spotlight. Here's why the French can't be pigeon-holed The Olympic Games are putting the French in the spotlight, as the hosts. But who are “les Français" — as they call themselves?

Strategas Research Associate Brandon Fontaine breaks down recent manufacturing data (including proprietary survey work by Strategas), looks at its impact on U.S. corporate earnings, and checks in with supply chain issues overseas.

Market Strategy Weekly - August 2, 2024 Market Strategy Weekly – August 2, 2024Strategas Research Associate Brandon Fontaine breaks down recent manufacturing data (including proprietary survey work...

🤸‍♀️ The U.S. women's gymnastics team for the 2024 Paris Olympics is set!

Five stellar athletes earned their spots after intense competition at the U.S. Gymnastics Olympic Trials in Minneapolis:
🏅 Simone Biles (leading her third Olympics!)
🏅 Jordan Chiles
🏅 Jade Carey
🏅 Hezly Rivera
🏅 Suni Lee

16-year-old Hezly Rivera joins four veterans from the 2020 Olympics, showcasing a blend of experience and fresh talent. Joscelyn Roberson and Leanne Wong will serve as alternates, ready to step in if needed. Fan favorite Simone Biles just won her ninth U.S. all-around title earlier this month!

This team exemplifies the power of perseverance and continuous improvement. What goals are you working towards with similar dedication?



Source:

Simone Biles to represent team USA at 2024 Paris Olympic Games: See the full roster The gymnasts were selected during the U.S. Gymnastics Olympic Trials in Minnesota.

Strategas Head of Macro and Technical Research Chris Verrone discusses the recent rotation in the market towards Small-caps and Cyclicals, the case for Financials, and the outlook for Gold over the rest of the year.

Market Strategy Weekly - July 19, 2024 Strategas Head of Macro and Technical Research Chris Verrone discusses the recent rotation in the market towards Small-caps and Cyclicals, the case for Finan...

📚💉 Big news in education and healthcare! Michael Bloomberg just donated $1 billion to Johns Hopkins University. This huge contribution means that most medical students will now receive free tuition, helping address the $105,000 average student debt for med school grads.

This generous gift isn't just about education—it's an investment in our future health and economy. By removing financial barriers, talented individuals are now open to pursuing medical careers without the burden of massive debt.

Imagine the ripple effect: more diverse healthcare professionals, potentially lower healthcare costs, and improved access to medical care. It's a reminder of how strategic philanthropy can shape our society and economy for the better. 💡

What other areas do you think could benefit from this kind of large-scale investment?



Source:
TinyURL: https://tinyurl.com/y2cktdna

Bloomberg gives $1 billion to Hopkins to make tuition free for most medical students Most students pursuing medical degrees at Johns Hopkins University will receive free tuition, thanks to a $1 billion gift from businessman Michael Bloomberg's philanthropic organization.

Strategas President Nicholas Bohnsack discusses how the earnings picture is shaping up ahead of the Q2 reporting season, how Strategas looks at Value vs. Growth, and how to think about AI at this point in time.

Market Strategy Weekly - July 12, 2024 Strategas President Nicholas Bohnsack discusses how the earnings picture is shaping up ahead of the Q2 reporting season, how Strategas looks at Value vs. Gro...

Planning a summer getaway? 🏖️ Don't let scammers ruin your vacation! Protect yourself with these tips:

Secure Your Accounts: Update your passwords regularly and enable two-factor authentication.
Be Cautious Online: Don't click on suspicious links, even if they appear to be from your airline or hotel.

Beware of Social Media Scams: Double-check customer service contacts and be wary of anyone asking for personal information.
Watch Out for Common Travel Scams: Avoid interactions with "friendly" strangers offering bracelets or roses, and be cautious of unsolicited photographers.

By staying alert and informed, you can ensure a safe and enjoyable summer vacation. 🧳



Source:

Travel expert advises how to spot, avoid and prevent falling for travel scams this summer Katy Nastro details common scams from online hackers to in-person swindlers to help others stay safe this summer.

AI-powered cancer screening is revolutionizing early detection, but most of these services aren't covered by insurance yet.

Important points to consider:
🤖 AI technology is making significant strides in improving cancer screening accuracy and early detection.
Despite its potential, many AI cancer screening methods are not yet covered by insurance, posing financial challenges for patients.
🏥 The healthcare industry is at a crossroads, balancing innovation with accessibility and affordability.

Staying informed about these developments can help you advocate for better healthcare solutions.

What are your thoughts on the future of AI in cancer screening and its accessibility? Share your insights!



Source:

AI cancer screening programs are booming, but you'll likely have to pay for them yourself The FDA has approved nearly 600 radiology AI program since 2019, but most aren't covered by Medicare or private health insurance.

Fed officials are cautiously optimistic about recent economic data indicating cooling inflation, but they're waiting for confirmation before making any moves on interest rates.

Key takeaways for investors:

Data-Driven Decisions: The Fed is emphasizing its data-dependent approach, meaning interest rate cuts will hinge on upcoming economic reports.

Inflation is Key: While progress has been made, the Fed wants to see consistent evidence that inflation is moving towards its 2% target.

Labor Market Strength: A strong job market is a positive sign, but the Fed is also monitoring for signs of overheating that could reignite inflation.

Patience is Key: Don't expect immediate rate cuts. The Fed is likely to take a measured approach before adjusting its monetary policy.



Source:
TinyURL: https://tinyurl.com/43svdmr2

Fed officials steer cautiously toward potential rate cuts Federal Reserve officials, heartened by recent data, are looking for further confirmation that inflation is cooling and for any warning signs from a still-strong labor market as they steer cautiously toward what most expect to be an interest rate cut or two by the end of this year.

Strategas Head of Macro and Technical Strategy Chris Verrone talks through the interest rate environment, how it is impacting stock market leadership, what he is seeing out of China, and one big thing that he’ll be watching going forward.

Market Strategy Weekly - June 14, 2024 Strategas Head of Macro and Technical Strategy Chris Verrone talks through the interest rate environment, how it is impacting stock market leadership, what h...

Astronomers have made a groundbreaking find that's rewriting our understanding of planet formation. Get ready for these mind-blowing details:

🔭 Telescopes in Hawaii detected a colossal disk of gas and dust swirling around a young star 1,000 light-years away.
🌍 This disk is a staggering 3,300 times the distance between Earth and our Sun, making it the largest known reservoir of planet-building materials!
💫 Dubbed IRAS 23077, the disk's butterfly-like shape suggests the birth of potentially supersized planets in distant orbits.
🔬 Scientists believe studying this cosmic nursery will unlock secrets about the origins and evolution of worlds beyond our solar system.

As telescopes like Hubble and Webb investigate this phenomenon further, we may witness the incredible formation of Jupiter-sized planets or even larger cosmic bodies emerging from IRAS 23077! 🤯

The Universe never ceases to amaze with its grand mysteries and wonders. This cosmic discovery reminds us of the vast unknown that still awaits exploration.



Source:

Astronomers find the biggest known batch of planet ingredients swirling around young star Astronomers have discovered what they believe is the biggest known batch of planet-making ingredients in the cosmos

Food prices have been trending lower for many months. But the recent price stability doesn’t offset the food inflation in 2021 and 2022. So, if you are feeling the pinch, please let me know. Sometimes, I’ve found that even the slightest change can make a big difference.

🚨Attention, seniors and their loved ones! Elder fraud is a growing concern, with a staggering $3.4 billion in reported losses last year, according to a new FBI report.👵

The frequency of criminal schemes targeting U.S. seniors increased by 14% between 2022 and 2023. The most costly of these scams? Investment schemes entice victims to transfer money to fraudulent financial institutions.

Last year, over 5,920 individuals aged 60 and above lost more than $100,000 due to these criminal frauds. This is a serious issue that requires our attention.

So, how can we combat this? Stay cautious of unsolicited contact from financial institutions or unknown parties. If an offer seems too good to be true, it likely is. Make it a priority to educate yourself and your loved ones about common scams. If you suspect any suspicious activity, report it to law enforcement as soon as possible.

Let's empower ourselves with knowledge and stay vigilant!



Source:

Criminal schemes targeting U.S. seniors account for $3.4 billion in reported losses, FBI says Reports of elder fraud crimes increased by 14% in 2023, according to a new federal report.