Latest Thoughts
A lot has changed in the past few weeks, both in terms of expectations for interest rates and lost confidence in the health of the banking system as a result of the sharp rise in interest rates that has led to some things "breaking," as...
The Federal Reserve (Fed) has a history of raising short-term interest rates until something "breaks." ...
Last week did not play out how we anticipated. ...
Suggesting an economy makes "no landing" makes no sense. ...
While concerns about the debt ceiling have been increasing, markets, businesses, and the economy are likely to see only minimal impact until we are days, or maybe a few weeks, from the "x date," the date on which the federal government will no longer be...
Markets have adjusted to several changes this year. ...
Soft landing or no soft landing, that is the question, with all due respect to William Shakespeare. ...
Investors get more excited about international investing late last year. ...
The script has been flipped in 2023. ...
The latest episode of the debate between stock market bulls and bears has gotten more interesting. ...
Fourth quarter earnings season is underway and probably won't bring much good news. ...
We believe accountability and modesty are among the keys to success in this business. ...
2022 was a dizzying year as markets and the global economy continued to find itself out of balance due to the still present aftereffects of the COVID-19 pandemic and the policy response to it. ...
The Federal Reserve (Fed) wrapped up its last Federal Open Market Committee (FOMC) meeting of the year last week, where it hiked short-term interest rates for the seventh time in as many meetings, taking the fed funds rate to 4.5% (upper bound). ...
Despite the S&P 500 Index starting December with five consecutive days of losses, we think December is down but not out. ...
Your Money Story : What Your Past Can Reveal About Your Relationship With Money ...
Recent inflation data has tempered expectations for future Federal Reserve tightening, including a potential peak in the terminal rate near 5.0% in May or June of 2023. ...
Recent inflation data has tempered expectations for future Federal Reserve tightening, including a potential peak in the terminal rate near 5.0% in May or June of 2023. ...
The growth vs. value debate has been pretty one-sided in 2022, with value outperforming growth for a sustained period for the first time in almost 15 years. ...
Midterm elections are upon us, with Election Day on Tuesday. ...