J.P. Morgan Files Contempt Motion Against Ex-Advisor for TRO Violation

Published on August 26, 2026

The firm alleges Christopher Lee violated a court order by soliciting clients after moving to Morgan Stanley, with $375 million in assets transferred post-restraining order.

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The Big Four Recession Indicators: Real Personal Income

August 26, 2026
Personal income (excluding transfer receipts) was up 0.35% in July and was up 3.31% year-over-year. However, when adjusted for inflation using the BEA's PCE Price Index, real personal income (excluding transfer receipts) was up 0.19% month-over-month and down -0.38% year-over-year.

Core PCE Inflation at 3.3% in July, Unchanged from June

August 26, 2026
The Federal Reserve’s preferred inflation gauge, the core PCE price index, climbed 3.3% year-over-year in July. This marks no change from June's reading. On a monthly basis, core prices rose 0.2%.