Making Sense

This week, investors will focus on: 1. Fed policymaker speeches 2. Q3 earnings season 3. Washington policy developments

Learn about the philosophy structuring portfolios, rebalancing practices, and fund manager selection. Phillip Neuhart and Thomas O’Keefe discuss our portfolio positioning strategies for Q4.

This week, investors will watch: 1. Communications from the Federal Reserve 2. Consumer Sentiment survey data from the University of Michigan 3. Other alternate data sources during official data pause

This week, key events to watch: 1. September's Employment report (0:40) 2. Services and Manufacturing data (0:58) 3. Fed speeches throughout the week (1:37)

This week, market watchers will follow: 1. Fed policymaker speeches (0:43) 2. Income, spending, and inflation data (1:18) 3. Legislative bugetary developments (1:42)

Phillip Neuhart and Thomas O’Keefe walk through the core investment philosophy tenets of First Citizens Wealth.

Happening this week: 1. Federal Reserve Rate Decision (0:21) 2. Retail Sales Data (1:17) 3. Housing Starts (1:32) 4. Jobless Claims (1:43)

Items to watch this week: 1. Inflation data (0:12) 2. Jobless claims (0:58) 3. Consumer sentiment (1:13)

Things to watch this week: 1. August's Employment Report 2. Services and manufacturing data 3. Job openings and layoffs

This week, markets and investors should focus on: 1. Fed policymaker speeches 2. House price data 3. Inflation data

Items to watch this week: 1. Jackson Hole Economic Economic Policy Symposium 2. Housing Data 3. Jobless Claims

In this month's Making Sense Q&A series, Brent Ciliano and Phillip Neuhart discuss rising inflation data and what it could mean for the Fed’s path forward. July’s inflation data showed tariff impacts seeping into certain sectors, but not others. Why is that? With September’s rate decision on the horizon, what should investors consider ahead of the Fed’s next meeting?

Consumer Price Index Producer Price Index Retail Sales Geopolitical Developments

Earning Season Continues ISM Services Index Nonfarm Productivity Jobless Claims

Q2 Earnings Season Employment Data Q2 GDP Inflation Data FOMC Meeting

What’s the economic landscape ahead of next week’s Fed meeting? What are we watching in Q2 earnings season, and what might it all mean for financial markets? Learn more in July’s Q&A with Brent Ciliano and Phillip Neuhart.

Housing Data Trade Policy Developments Q2 Earnings Season

Fresh inflation data Retail sales Q2 earnings season

Labor market data Federal Reserve meeting minutes Geopolitical insights and tariff deadline

On June 24, 2025, Thomas O’Keefe, Managing Director, and Phillip Neuhart, Director of Market and Economic Research, sat down to talk about the underlying factors and decisions making up our portfolio positioning strategy for third quarter. While global challenges exist, reacting to narratives is not an efficient investing strategy. Balance in portfolios with adequate guardrails in place remains co...

Coming up this week: 1. June's Employment Data 2. Job Openings Report 3. ISM Indices 4. Tax, Trade and Geopolitics

Coming up this week: 1. Geopolitical headlines 2. Personal income and spending data 3. Updated housing data For more information, visit firstcitizens.com/market-outlook. Disclosures (01:22)

In this month's Q&A, Craig Letendre and Phillip Neuhart remind institutional investors to focus on the “why” behind their portfolio decisions to help navigate uncertainty.

This month's Making Sense Q&A features Director of Market and Economic Research Phillip Neuhart and Market and Economic Research Analyst Blake Taylor. As tariff policy continues to evolve, where does the broader economy stand? What should investors and business owners consider? How might the Federal Reserve manage interest rates and monetary policy going forward?