Investing in NMG Income Fund, a diversified private credit fund that offers a consistent and fixed 10% annual income distributed quarterly is an extremely compelling opportunity. Not only does this investment strategy offer a substantial return on your capital, but it also provides the added benefit of a regularly distributed income stream. The stability of…
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This morning’s U.S. jobs report delivered another upside surprise, with nonfarm payrolls rising by 172,000 in May and the unemployment rate holding steady at 4.3%. Average hourly earnings climbed 3.4% year-over-year, with wage growth of 0.3% just for the month. At first glance, these figures paint a picture of a labor market that’s still healthy…
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April’s Producer Price Index (PPI) delivered a major shock, with headline PPI rising 6.0% year-over-year and 1.4% month-over-month. Core PPI also surged, up 5.2% YoY and 1.0% MoM, marking the hottest producer inflation since the post-pandemic surge and far exceeding expectations. The spike wasn’t just about energy. Cost pressures were broad, with energy and fuel,…
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April’s Consumer Price Index (CPI) report surprised to the upside, with headline inflation rising 0.6% month-over-month and 3.8% year-over-year, up from 3.3% in March. Core CPI (which excludes food and energy) increased 0.4% on the month and 2.8% over the year. These gains represent the fastest inflationary pace since 2023 and have thrown cold water…
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Today’s U.S. labor market numbers offer a snapshot that’s both reassuring and unsettling. Initial jobless claims remain exceptionally low at 200,000, and overall payrolls continue to grow, clear signs that companies aren’t rushing to lay off workers and that there’s no immediate sign of a recession. Yet beneath these stable headlines, the composition of job…
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The latest Producer Price Index (PPI) numbers for March 2026 paint a clear picture: inflation at the producer level isn’t just sticking around, it’s picking up speed, and it’s showing up in more parts of the economy. Headline PPI rose 0.5% month over month, matching February’s increase and following a 0.6% jump in January. Year…
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March CPI just confirmed what many hoped wasn’t true: inflation isn’t over, it’s adapting, and many investors may still be missing the underlying shift. Here’s what the numbers say:The March 2026 report from the Bureau of Labor Statistics shows Core CPI rose 0.2% month-over-month and 2.6% year-over-year. That’s not a dramatic spike, but it’s a…
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The March jobs report from the Bureau of Labor Statistics (April 3, 2026) delivered a headline gain of +178,000 nonfarm payrolls, a sharp turnaround from February’s −133,000 drop. On the surface, this looks like renewed strength. But a closer look at the numbers points to a labor market that’s stabilizing, not accelerating, and where gains…
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It’s tempting to brush off this week’s volatility as nerves, but the numbers tell a deeper story. Equities have been swinging more than 2% in single sessions, repeatedly. Bonds are holding steady, signaling uncertainty. Oil prices are ripping higher, reshaping the inflation narrative in real time. On the surface, February’s retail sales looked decent: up…
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At the Economic Club of Miami last week, Dr. Stephen Miran offered a sharp perspective on the Federal Reserve’s current policy mix. The ongoing market focus on rate cuts, he argued, overlooks the equal weight of quantitative tightening (QT). These two levers, interest rates and balance sheet reduction, work in tandem, not as replacements. Here’s…
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Recent market behavior shows a widening divergence between equities and fixed income in how risk is being priced, especially around geopolitical tensions and inflation expectations. Earlier this week, equity index futures swung sharply on headlines tied to tensions involving Israel, the United States, and Iran. S&P 500 futures initially pointed to a ~1.8–2.2% decline overnight,…
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