wealth management

Aldrin Cornelia joins PYGG as Head of Wealth Management / Investment Advisor 600 400 PYGG

Aldrin Cornelia joins PYGG as Head of Wealth Management / Investment Advisor

We are thrilled to announce the expansion of PYGG’s Wealth Management team with the addition of Aldrin Cornelia, a highly experienced Senior Wealth Manager. Aldrin brings over 20 years of expertise in wealth management, investment advisory, and asset management, having…

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An Updated Timeline on Expected Interest Rate Cuts 600 185 PYGG

An Updated Timeline on Expected Interest Rate Cuts

Ten months have passed since the Federal Reserve last raised interest rates. The pause in rate hikes follows a 17-month period where the central bank raised interest rates by +5.00%. It was the fastest and most aggressive rate-hiking campaign in…

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Rising Manufacturing Orders Signal Future Economic Growth 600 400 PYGG

Rising Manufacturing Orders Signal Future Economic Growth

The Institute of Supply Management (ISM) conducts a monthly survey that focuses on the manufacturing industry. The survey asks purchasing and supply managers from over 400 manufacturing companies and 20 different industries (i.e., the individuals who manage their firm’s supply…

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Charting AI’s Journey Through Earnings Transcripts 600 288 PYGG

Charting AI’s Journey Through Earnings Transcripts

You have likely seen headlines and news reports discussing artificial intelligence as a major technological advancement. AI’s potential to transform everyday life has people talking about its use cases and the stock market buzzing about new investment opportunities. The chart…

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Labor Market Strength: Why Hasn’t the U.S. Unemployment Rate Risen Further? 600 244 PYGG

Labor Market Strength: Why Hasn’t the U.S. Unemployment Rate Risen Further?

Few economic data points receive as much attention as the unemployment rate, which is calculated by dividing the number of unemployed individuals by the total labor force. It serves as a crucial gauge of labor market health and offers insight…

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150 150 PYGG

The University of Michigan publishes a monthly Survey of Consumers that assesses the confidence and expectations of U.S. consumers. It asks questions about current economic conditions, expectations for the future, and consumers’ attitudes toward making big purchases. There was a…

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Rates vs Reality: Why Higher Interest Rates Haven’t Impacted the Economy Yet 150 150 PYGG

Rates vs Reality: Why Higher Interest Rates Haven’t Impacted the Economy Yet

The Federal Reserve has raised interest rates by more than 5% since March 2022. It’s been the fastest pace of tightening in decades, but data shows the economy has been resilient thus far. The U.S. economy grew at a 5.2%…

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The S&P 500’s Concentration Offers a Lesson on Diversification 150 150 PYGG

The S&P 500’s Concentration Offers a Lesson on Diversification

The odds are high that you have read or heard about artificial intelligence or Chat GPT this year. In the stock market, there is a small group of stocks known as the “7 Tech Titans”, which includes leading technology firms…

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Why Interest Rates Could Remain High Heading Into 2024 150 150 PYGG

Why Interest Rates Could Remain High Heading Into 2024

The current economic environment is drawing comparisons to the 1970s. In the early 1970s, oil prices surged following OPEC’s oil embargo, and U.S. fiscal deficits expanded as government spending increased. Today, oil prices are elevated due to supply concerns, and…

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Exploring Retail Sales Data – A Key Indicator of U.S. Consumer Health 150 150 PYGG

Exploring Retail Sales Data – A Key Indicator of U.S. Consumer Health

The U.S. consumer plays an important role in the economy, accounting for almost two-thirds of U.S. GDP. For this reason, investors and economists pay close attention to the consumer’s financial health and activity. One consumer metric that investors track is…

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