Past Peak Inflation?
Headline CPI declined to 8.3% in April from 8.5% in March as energy prices eased. This helped fuel expectations that inflation has peaked. Inflation breakevens, a forward-looking measure of inflation, have mostly declined since peaking in March. Continue Reading…
Summer Outlook – 2022
While the market is increasingly attractive on an absolute and relative basis, it has been an extremely challenging performance environment so far this year. A confluence of negative economic, policy, geopolitical and pandemic risks has pushed bond and equity values materially lower given corresponding inflation increases. Continue Reading…
Recent News: U.S. Banks Report Strong Loan Growth
Loan growth in the U.S. banking sector picked up substantially in the fourth quarter of 2021, setting up what executives say is a promising outlook for further increases in 2022. Total loans and leases at U.S. banks were $11.2 trillion at December 31, 2021, representing a 3.0% quarter-over-quarter increase according to S&P Global Market Intelligence data. Continue reading…
St. Louis, MO – March 24, 2021 – PMA, a premier full-service provider of financial and advisory services to local governments, is pleased to announce that Dr. John Jungmann will be joining the team as Coordinator, Sales and Relationship Management.