10/03/2023
Northwestern Mutual Wealth Management Company Chief Investment Officer Brent Schutte discusses the latest inflation data and why wage gains may prevent a soft landing.
Investors Look Past Encouraging Current Inflation Data Better-than-expected inflation data may not be enough to appease the Fed. Read more in our Weekly Market Commentary
09/26/2023
Northwestern Mutual Wealth Management Company Chief Investment Officer Brent Schutte discusses the latest Fed decision on interest rates and potential future actions to rein in the strong job market.
Rates Unchanged, but Fed Says More Work Needed to Rein In Labor Market The Fed left rates unchanged this week, but Chairman Jerome Powell says more work is needed to rein in the labor market.
09/19/2023
The latest batch of data is unlikely to distract the Fed from its focus on wages.
Latest Economic Reports Paint a Mixed Picture, but Has Anything Changed? The latest economic data offered a mixed view of the economy and inflation but is unlikely to sway the Fed.
09/12/2023
The concern is that the Fed may have to continue raising rates.
Strong Economic Data Casts Doubts on Prospects for a Soft Landing Recent strong economic data and resilient wage growth continue to complicate the Fed’s path to a soft landing.
09/06/2023
Read Northwestern Mutual Wealth Management Company Chief Investment Officer Brent Schutte’s latest take in this week’s Market Commentary.
Potential Signs of Relief in the Labor Market There are encouraging signs that more workers are coming off the sidelines, but will it be enough?
08/29/2023
Read Northwestern Mutual Wealth Management Company Chief Investment Officer Brent Schutte’s latest take in this week’s Market Commentary.
Markets Cheer Powell’s Balanced Tone, but More Work Remains Fed Chair Jerome Powell’s speech offers glimmers of hope but also a warning.
08/21/2023
Read Northwestern Mutual Wealth Management Company Chief Investment Officer Brent Schutte’s thoughts in this week’s Market Commentary.
Investors Reconsider the Likelihood of a Soft Landing Fed minutes and strong retail numbers suggest it is too early to celebrate a soft landing.
08/15/2023
Read Northwestern Mutual Wealth Management Company Chief Investment Officer Brent Schutte’s thoughts in this week’s Market Commentary.
Wages Are the Fed’s Final Obstacle Inflation continues to fade, but wage pressures suggest it is too early to declare victory.
08/08/2023
Read Northwestern Mutual Wealth Management Company Chief Investment Officer Brent Schutte’s thoughts in this week’s Market Commentary.
Signs of Easing Strength in the Job Market May Not Be Enough for the Fed The job market remains resilient, but the trend suggests changes may be coming.
08/01/2023
Last week’s data points to falling inflation amid a resilient economy; however, the Federal Reserve’s focus on the labor market and wages could still lead to a recession. Get Northwestern Mutual Wealth Management Company Chief Investment Officer Brent Schutte’s take in this week’s market commentary.
Inflation Continues to Fall Against the Backdrop of a Resilient Economy While inflation continues to fall, the possibility of a mild recession remains as the Federal Reserve remains focused on a tight labor market and rising wages.