VIG Newsletter March 29 2024 Update

PCE Inflation Data Keeps June Rate Cut Alive!

March 29, 2024

Recap

Major markets are closed today for Good Friday. I hope you all have a great weekend.

Markets were mixed this week. The SP500 gained .39%. The Dow was up .92%. The Nasdaq lost a bit as it was down .46%.

U.S. prices increased moderately in February and the cost of services outside housing slowed considerably, keeping a June interest rate cut from the Federal Reserve on the table.

It appears price pressures are subsiding, though the pace has slowed from the first half of last year.

Vig Co. was flat this week.

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