Categories: Quarterly Newsletter
2026 3rd Quarter Newsletter
Elser Financial is soon moving to a new office! Look for an email confirming the exact date of our move to the building next door.
Elser Financial is soon moving to a new office! Look for an email confirming the exact date of our move to the building next door.
The February jobs report showed further signs of labor market softening, with the economy shedding 92,000 jobs and unemployment rising from 4.3% to 4.4%. Nine of eleven sectors posted job losses, as the figure fell well short of expectations for a gain of 55,000 jobs.
The Federal Reserve cut interest rates an additional 0.25% in December, bringing the target range to 3.5% - 3.75%. Rates are expected to remain between the 3-4% range through 2026 meaning few to no cuts are currently priced in.