Education
Get expert insights with SSGA news, market updates, reports, and webinars for timely financial guidance.CalTRUST Update
Post Federal Reserve Meeting Q&A
As part of our initiative to bring timely market information to California public agencies, CalTRUST Chief Executive Officer Laura Labanieh had a brief Q&A with State Street Global Advisors’ Vice President, Portfolio Strategist Will Goldthwait to reflect on this week’s Federal Reserve meeting:

Market News
Tariffs Are an Active Threat to Both Sides of Dual Mandate
New tariffs announced on April 2 leave the average US tariff rate at the highest level in a century (18.8% based on Tax Foundation estimates). The market reaction has been powerful but orderly so...
Current Data Less Relevant Amid Changes
The February inflation data was, on the margin, better than expected, and so was the January JOLTS report. However, both data points have diminished relevance amid the onslaught of policy...
Short-Term Pain for Long-Term Gain?
Amid a slew of disappointing data releases and fever-pitch anxiety over tariff policy and DOGE actions, the February jobs report offered a welcome reprieve and a signal of resilience. It may not be...

Consumers Do Not Like Tariffs!
It is rare that in a payroll week the main focus of the conversation is not the US labor market, but tariffs are certainly stealing the thunder nowadays. The week began with imminent 25% tariffs on Mexico and Canada…which were then both delayed for 30 days. 10%...

Strong Economy, Cautious Fed
The US economy grew 2.3% saar (q/q, seasonally adjusted annualized) in Q4, slightly below expectations. What was surprising was not the top line number, but the details. Consumer spending was exceedingly strong, equipment investment surprisingly soft, and inventory...