Cresset Secures New Backer

Published on December 2, 2024

Constellation Wealth Capital is deploying a $150 million to help enhance Cresset's platform, tech and recruiting capabilities.

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ISM Manufacturing Index Higher Than Last Month

December 2, 2024
The Institute for Supply Management (ISM) manufacturing purchasing managers index (PMI) increased to 48.4 in November but remains in contraction territory for an eighth straight month. The index has now contracted for 24 of the past 25 months. The latest reading was better than the forecast of 47.7.

Treasury Yields: A Long-Term Perspective

December 2, 2024
As of November 29, 2024, the 10-year note was 366 basis points above its historic closing low of 0.52% reached on August 4, 2020.