This week in the Review:

1. Disappointing CPI Report Raises Fed Funds Rate Expectations and Sets Back Market Sentiment

This week in the Review:

1. Fed Funds Rate Expectations Rise into Year End but Could Reflect a Peak

• Jackson Hole commentary

     2. Investor Sentiment Returns to Levels Near Record Lows

• AAII Sentiment Survey

Pallas Capital Advisors CEO & Founding Partner, Richard Mullen, is joined by Chief Investment Officer, Mark Bogar, CFA, CAIA, and Senior Portfolio Manager, Stephen Kylander, to discuss:

- Stock and bond markets retreating over the past month

- Hawkish Federal Reserve commentary

- Rising interest rates

- On-going inflation concerns driven by higher energy prices, particularly in Europe.   

This week in the Review:

1. Powell Maintains Hawkish Tone in Jackson Hole, “Acting with Resolve
   

• FOMC and the Federal Funds Rate

     2. Relief Rally Under Fire, Stocks Turn Negative in August

• Rally reversing course

Pallas Capital Advisors COO & Director of Planning, James Landry, ChFC, is joined by Director of Planning & Client Experience, Shannon Smith, CFP, AWMA, to discuss paying for college and what the impact of partial debt forgiveness means to:

College costs

Ways to pay for college

• Financial Aid

College loans

• Federal

Ways to save

• 529 Savings Accounts

Benefits of a 529 Plan

This week in the Review:

1. European inflation remains elevated

This week in the Review:

1. A Historic Yield Curve Inversion Has a Silver Lining

• Impact on short and longer term Duration Bonds

• Existing home sales numbers falling...again

This week in the Review:

1. Peak inflation is likely now behind U.S. but may remain elevated

• U.S. Consumer Price Index (CPI) report released Wednesday

     2. Mixed signals on economic growth but no cliff in sight in the near term

• The nature of negative growth in the U.S. GDP

This week in the Review:

1. Earnings Season and Forward Guidance Surpassing Low Expectations

• 74% of the S&P 500 have reported Q2 earnings

     2. Financial Markets Remain Reasonably Valued by Morningstar

• Morningstar price to fair value

This week in the Review:

1. Federal Reserve Tightens as Expected

• The Fed hikes federal funds by 0.75%

2. US GDP Confirms Slower Growth

• Why GDP decreased less in the second quarter than the first