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Markets Rebound Amid Job Data Revision and Rate Cut Speculation
Major markets surged as Powell’s speech hints at rate cuts. Mid-cap stocks outperformed, while a big job revision added to economic shifts.
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Warrior Impact
At Larson, our Warriors are driven by a goal-oriented mindset extending beyond the office. In pursuit of our 2030 goal of seeing 100,000 clients, colleagues, and communities flourishing, we empower our team members to make a tangible impact in their communities by using their “Warrior Impact Time.” warrior (noun) /ˈwôrēər/: a person who shows great courage … Continued
The Feds Voted to Hold Rates Steady
Last week, Wednesday’s gains punctuated the week in large part due to the activity following the FOMC Meeting, where they voted to hold interest rates held steady.
Orders from Boeing Almost Completely Disappeared for a Month
Following a blowout of an emergency door on a Boeing 737 Max in January, orders from Boeing almost completely disappeared for a month.
Compliance Requirements Under the Corporate Transparency Act
UPDATE: On December 3, 2024, a Federal District Court issued a nationwide injunction blocking enforcement of the CTA.
The Fed Voted to Hold Interest Rates Steady
The Fed voted to hold interest rates steady at 525 – 550 basis points. However, it was Powell’s comments after the meeting that caught the markets’ attention. While there was still a lot of hedging in his statement on Wednesday, his comments stood as a marked shift in tone. This gave quite the gift to both the equity and bond markets.
Giving Back
Beyond being your trusted one-stop shop for comprehensive financial services, we are deeply committed to creating a positive impact on communities – both in our own backyards and throughout the world. Our mission of “Empowering All to Flourish” extends far beyond the realm of finance. By giving back, we embrace a vision of shared success … Continued