The WealthStack Podcast: Unlocking Private Markets with AssetMark's Michael Kim

Published on June 27, 2025

AssetMark's Michael Kim unpacks how technology, education and private equity access are converging to redefine portfolio construction.

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Core PCE Inflation Rises 2.7% in May, Higher Than Expected

June 27, 2025
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.7% year-over-year in May. This was higher than the expected 2.6% growth and a pickup from 2.6% in April. On a monthly basis, the core index was up 0.2%, more than the projected 0.1% growth.

Lutnick Says US-China Trade Truce Signed, 10 Deals Imminent

June 27, 2025
The US and China finalized a trade understanding reached last month in Geneva, US Commerce Secretary Howard Lutnick said, adding that the White House has imminent plans to reach agreements with a set of 10 major trading partners.