Hightower Great Lakes

You’ve probably heard the saying, “Don’t put all your eggs in one basket.” The same idea applies to FDIC protection. In this video, we break down how FDIC insurance protects your hard-earned savings and what steps you can take to stay covered.

Last week, markets received updated inflation data for the month of November. The Consumer Price Index (CPI) came in line with expectations at 0.3% m/m and 2.7% y/y, while the Producer Price Index (PPI) was hotter than expected in November, coming in at 0.4% m/m and 3% y/y:

You’ve probably heard the saying, “Don’t put all your eggs in one basket.” The same idea applies to FDIC protection. In this video, we break down how FDIC insurance protects your hard-earned savings and what steps you can take to stay covered: https://bit.ly/4gmMCkj

This week’s Well-th Notes: Gold prices hit a two-week high on Tuesday, Arthur J. Gallagher & Co. announced on Monday it will acquire AssuredPartners in a $13.45 billion all-cash deal, Taylor Swift’s The Eras Tour concluded on Sunday in Vancouver, and more: https://bit.ly/3BtxCCc

Over the coming years, China is set to deliver some of the most aggressive stimulus in decades. The news comes as China’s inflation data decelerated in November. The country has been experiencing deflation for many months as consumer sentiment and demand remain low: https://bit.ly/3VYIajZ

In December, we review stock performance in the year and decipher what names could experience mean reversion over the next twelve months. Zscaler (ZS), Las Vegas Sands (LVS), Accenture (ACN), and Target (TGT) are four names that we believe may see a turnaround in 2025: https://bit.ly/49ryQKV

Do you know if your deposits are fully FDIC insured? Our video walks you through what you need to know: https://bit.ly/498WmMj

This week’s Well-th Notes: South Korean stocks swung wildly after President Yoon Suk Yeol was forced to lift an emergency martial law decree, airline execs defended their seating fees before a Senate panel, this Thanksgiving weekend set a new five-day box office record, and more: https://bit.ly/4g0T14N

On Monday, U.S. Manufacturing data for November came in better than expected. The November figure rose 200 bps m/m, and new orders rose 330 bps m/m. As a reminder, readings above 50 indicate an expanding manufacturing sector, and below 50 indicate a contracting sector: https://bit.ly/3VrwB4l

A shortened week for the markets, last week was mostly quiet on the economic data front. The Federal Open Market Committee (FOMC) minutes from the November policy meeting showed that the committee remains constructive on the interest rate path: https://bit.ly/3ZxRxsO