The Federal Reserve’s “Beige Book” reported slight economic expansion, subdued employment growth, and modestly rising inflation. Businesses remain optimistic about future demand. The Fed is considering further interest rate cuts, despite persistent inflation, with a decision expected in two weeks. A key inflation measure remains above the Fed’s target, but policymakers believe it is declining.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,
August 29, 2026