............

Economic & Trading Commentary

Latest Insights

Financial Markets Rally as Powell Signals September Cut

At last year’s annual Economic Policy Symposium in Jackson Hole Wyoming, Fed Chair Jay Powell set the stage for reducing...

Retail Sales Up in July, Boosted by E-Commerce Surge

Retail sales and food services rose 0.5% in July, slightly below expectations but supported by a strong upward revision to...

Unexpectedly Hot PPI Data Lowers Possibility of Larger Cut Next Month

Treasury Secretary Scott Bessent, speaking with Larry Kudlow on Fox Business on Tuesday touted what he considered a “fantastic” July...

Consumer Prices Still Not Reflecting Tariff Costs

Given what appears to be a significant slowdown in labor growth, Fed officials will now require inflationary pressure to behave...

Rate Cuts Near as Fed Dove Count Grows

The next FOMC meeting is a little less than six weeks away. As of yesterday, the bond market had fully...

Bond Yields Steady Despite Soft ISM Data and Stagflation Concerns

The July ISM Services PMI came in at 50.1, avoiding contraction (< 50) but falling short of expectations for 51.5....

Bond Yields Plunge as Employment Sags

Treasuries rallied in early trading, sending bond yields sharply lower following an unexpectedly poor July employment report. Nonfarm payrolls rose...

Fed Holds Steady, but September’s Still a Toss-up

By a 9-2 count, Fed officials voted to hold the overnight funds target unchanged in a range of 4.25% to...

Second Quarter GDP: Strong Headline, Soft Undercurrent

At first glance, today’s second-quarter GDP report paints a picture of a resilient economy, seemingly unshaken by the turbulence of...

Learn More From HilltopSecurities

Commentary Overview

Municipal Commentary

Thank you for visiting the HilltopSecurities website.
For best viewing experience, we recommend using Chrome, Firefox, Safari, or Microsoft Edge.