Charts & Chat - August 5, 2025

This week, CEO Eric Boyce, CFA discusses:

1. The slowing in the labor economy due to tariffs, etc.

2. 2nd quarter GDP reflected reversal from 1Q - real read through is slowdown in final sales to private domestic purchasers

3. In 25 years, persons over 55 yrs of age own 20% more of the total household assets...implications for wealth planning and transfer

4. Potential implication on long-term interest rates from increased deficits from OBBBA

5. Second quarter earnings stronger than expected; profit margins holding steady amidst increased tariffs

6. Updates on housing starts/sentiment, consumer financial health, PMI data, consumer sentiment