President and CEO, Money Management International. Terrible Golfer. Above average poker player. Below average drummer. Opinions are my own.moneymanagement.org Phoenix, AZJoined May 2009
#Jobs numbers came in below estimate (22K versus 75K est.) and the #unemployment rate ticked up to 4.3% in August, guaranteeing that #interestrates will get a 25BPS shave from the #Fed later this month.
Future cuts? With sicky #inflation, not so sure. cnb.cx/3K5XEPK
Happy #laborDay everyone! Today we not only honor the working men and women who built America, we remember the contributions made by the #labor movement to this country that fundamentally changed the way we work.
So, celebrate the history as you enjoy the day! #workers
#PCE came in as expected (HL .2% M/M, 2.6% Y/Y; Core .3% M/M, 2.9% Y/Y) while #income (+.4%) and #consumer spending (+.5%) remained solid, most likely greenlighting a 25BPS #Fed cut to #interestrates -- but don’t get your hopes up for doves. #inflationcnb.cx/45MKz52
Wonderful to meet with a #credit counseling group from South Korea, CCRC, in Washington, DC.
#Debt has no borders, great to meet like-minded folks helping #consumers gain control over their finances no matter where they live.
@moneymanagement#DoDebtDifferently#nonprofit
#PPI came in smoking hot at .9% M/M against a .2% estimate while core rose .9% M/M against a .3% estimate. Decidedly not great and it will certainly have an influence on the #Fed’s decision on #interestrates next month. #Inflation is coming, kids. cnb.cx/4mMIsW1
The #Fed did what was expected and held #interestrates at current levels while Chair #Powell remained consistent in his (rightful) insistence on the autonomy of the Central Bank.
There's dissention in the #FOMC, but #inflation fears still rule the day. cnb.cx/4l1YE4g
With #GDP, #PCE, #unemployment numbers, and the #Fed's decision on #interestrates all happening this week, not only will I be in finance nerd heaven we'll all have a better picture of exactly where the #economy is and where it might be going the rest of the year. #inflation#FOMC
Trump is visiting the #Fed today. I hate to break it to him, but no amount of intimidation is going to force #Powell to back down. He's a honey badger. And he knows it. I'd be shocked if he suddenly changed his tune on #interestrates. #inflation#FOMCcnb.cx/3IGZCp5
Almost certain that #Ozzy never thought he'd live as long as he did. I kinda thought he might live forever... and he does in a way.
Finally, off the rails. RIP. Enjoy the #CrazyTrain...
#Ozzyosbourne #BLACKSABBATH
#CPI numbers are heating up (HL .3% M/M, 2.7% Y/Y; Core ,2% M/M, 2.9% Y/Y) and #wages are cooling down (-.1% M/M, +1% Y/Y) -- not a great economic arc and reason enough for the #Fed to hold pat on #interestrates.
This could get ugly. #inflation#FOMCcnb.cx/46bjiLz
#Superman is just damn fun and hits all the right notes. Easily the best adaptatation out there. #RachelBrosnahan , and #NicholasHoult leapt every tall building and #DavidCorenswet made me want to cheer... and I don't cheer.... ever. JimBob Sez: "Check it out." #SupermanMovie
Happy #IndependenceDay! As we commemorate 249 years with #fireworks and barbecues, let’s give a nod to the dudes in powdered wigs and waistcoats who had a vision of what #America could become, and continue to make it a better place for everyone!
#fourthofjuly2025#freedom
Congratulations to all the FLEC Award winners! Education and information are the key to empowering people with the confidence to take the first steps towards financial health. We truly appreciate all of you and your exceptional work! #DoDebtDifferentlymoneymanagement.org/newsroom/flec-…
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