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Nasdaq’s First Half of 2023 Boosting Economic Optimism

Wall Street Journal

Access to this article may require a subscription. Modest daily stock gains cinched a strong six months on Wall Street, fueled by investors’ optimism that inflation is easing while the economy continues to hum. Fresh spending data added momentum on Friday, showing milder core-price increases in May compared with a month earlier, while consumer outlays […]

Sierra’s CIO, James St. Aubin, Talks Rising Inflation on the Wall Street Journal

Wall Street Journal

Families are flush with cash, so higher interest rates have done less to deter them from spending than if they had been funding their purchases with credit-card debt, said James St. Aubin, chief financial officer at Sierra Mutual Funds. “That slows down the impact of raising the cost of money,” Mr. St. Aubin said. “It […]

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The Sierra Mutual Funds are managed by Ocean Park Asset Management, LLC, an affiliate of Sierra Investment Management, Inc.