News and updates
Stay informed on key topics likely to impact markets, the economy and investors.
Federal Reserve hikes rates aggressively in fight against inflation
May 4, 2022
The Federal Reserve increased interest rates today by 0.5% and outlined plans to begin reducing asset holdings on its $9 trillion balance sheet. Learn how the Fed’s latest moves to fight inflation could impact markets, the economy and investors.
Understanding potential tax law changes
May 3, 2022
After legislation designed to drastically alter the tax code failed to pass Congress in 2021, new tax proposals – impacting individuals and business owners – developed by the Biden administration as part of its proposed 2023 budget are now under consideration by lawmakers in the House and Senate.
Major market indices post negative returns to start the year
April 28, 2022
Six major market indices – representing stocks, bonds and real assets – all posted negative returns through March 2022. Our chief investment officer, Eric Freedman, examines the reasons for this and discusses investing strategies informed by today’s unique market environment.
5.24.22 | Reuters | Article
S&P 500, Nasdaq slide as weak economic data, dire outlooks stoke recession fears
"As we step back and acknowledge the primary market catalysts, it’s really been about the Fed pivot and the change in interest rates, which have influenced prices across the capital markets," said Bill Northey, senior investment director at U.S. Bank Wealth Management in Helena, Montana.
5.20.22 | Bloomburg | Video
'Bloomberg Technology' Full Show (05/20/2022)
Eric Freedman, chief investment officer for U.S. Bank Wealth & Institutional Asset Management, speaks with Bloomberg Technology hosts about the parallels between today’s volatile market dynamics and the dot-com bubble of two decades ago (segment begins at 25:00).
5.19.22 | Reuters | Article
US STOCKS-Wall Street mixed as Cisco sinks and Nvidia recovers
“The reality is that inflation is running hot and interest rates are rising. And until inflation starts to cool down, the broader market will be under pressure,” said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management in Minneapolis, Minnesota.