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FOMC Projections: GDP Revised Down, Inflation Revised Up

Calculated Risk

GDP projections of Federal Reserve Governors and Reserve Bank presidents, Change in Real GDP 1 Projection Date 2025 2026 2027 Mar 2025 1.5 Unemployment projections of Federal Reserve Governors and Reserve Bank presidents, Unemployment Rate 2 Projection Date 2025 2026 2027 Mar 2025 4.3 Dec 2024 1.8 The unemployment rate was at 4.1%

Banking 179
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FOMC Preview: Fed to Cut Rates 25bp

Calculated Risk

GDP projections of Federal Reserve Governors and Reserve Bank presidents, Change in Real GDP 1 Projection Date 2024 2025 2026 2027 Sept 2024 1.9 Unemployment projections of Federal Reserve Governors and Reserve Bank presidents, Unemployment Rate 2 Projection Date 2024 2025 2026 2027 Sept 2024 4.3 June 2024 1.9 June 2024 3.9

Banking 182
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Equitable Sets 15% Growth Target for Wealth Management By 2027

Wealth Management

Equitable Advisors plans to get there by growing its share of wealth advisors, emphasizing holistic life planning and doubling down on its “supported independence” model.

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FOMC Projections

Calculated Risk

GDP projections of Federal Reserve Governors and Reserve Bank presidents, Change in Real GDP 1 Projection Date 2024 2025 2026 2027 Sept 2024 1.9 Unemployment projections of Federal Reserve Governors and Reserve Bank presidents, Unemployment Rate 2 Projection Date 2024 2025 2026 2027 Sept 2024 4.3 June 2024 1.9 June 2024 3.9

Banking 200
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A $1.5 Trillion Wall of Debt Is Looming for US Commercial Properties

Wealth Management

Maturities climb for the coming four years, peaking at $550 billion in 2027. The wall of debt is set to get worse before it gets better.

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Weekend Reading For Financial Planners (November 4-5)

Nerd's Eye View

Also in industry news this week: A recent study indicates that the RIA model has seen significant growth in the number of firms and advisors during the past decade, and these firms are expected to control 1/3 of industry AUM by 2027 Despite market headwinds leading to a contraction in advisory firm AUM in 2022, firms continued to produce strong profit (..)

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AI Market Will Surge to Near $1 Trillion by 2027, Bain Says

Advisor Perspectives

The global market for AI-related products is ballooning and will hit as much as $990 billion in 2027, as the technology’s quick adoption disrupts companies and economies, Bain & Co.