Bullish Highlights

Published on June 2, 2025

Today I’m going to highlight some speakers who added an equity market perspective to their big-picture views. Getting both right would be much easier if more investors behaved rationally. Alas, they don’t, which is why stock prices do incomprehensible things. Fortunately, you can succeed without catching every twist and turn.

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Two Measures of Inflation: April 2025

June 2, 2025
The BEA's core Personal Consumption Expenditures (PCE) Price Index for April showed that core inflation continues to be above the Federal Reserve's 2% long-term target at 2.5%. The March core Consumer Price Index (CPI) release was higher, at 2.8%. The Fed is on record as using core PCE data as its primary inflation gauge.

Ex-Goldman Executive Restieri Officially Takes Reins at Hightower

June 2, 2025
Bob Oros, who oversaw an aggressive acquisition strategy at one of the country’s largest RIAs, will step down as CEO but remain a member of the board.