We’ve seen a robust recovery in demand since the trough of the COVID crisis. Here in the U.S., consumer spending now exceeds its pre-pandemic trend. Other developed markets are on a similar trajectory. However, that strong demand is running headlong into supply-side challenges.
Research
Weekly Market Commentary | May 15 2023
We’ve seen a robust recovery in demand since the trough of the COVID crisis. Here in the U.S., consumer spending now exceeds its pre-pandemic trend. Other developed markets are on a similar trajectory. However, that strong demand is running headlong into supply-side challenges.
Weekly Market Commentary | May 8 2023
We’ve seen a robust recovery in demand since the trough of the COVID crisis. Here in the U.S., consumer spending now exceeds its pre-pandemic trend. Other developed markets are on a similar trajectory. However, that strong demand is running headlong into supply-side challenges.
Weekly Market Commentary | May 1 2023
We’ve seen a robust recovery in demand since the trough of the COVID crisis. Here in the U.S., consumer spending now exceeds its pre-pandemic trend. Other developed markets are on a similar trajectory. However, that strong demand is running headlong into supply-side challenges.
Weekly Market Commentary | April 24 2023
We’ve seen a robust recovery in demand since the trough of the COVID crisis. Here in the U.S., consumer spending now exceeds its pre-pandemic trend. Other developed markets are on a similar trajectory. However, that strong demand is running headlong into supply-side challenges.
Asset Allocation | April 2023
This just in: The U.S. economy is slowing and the demand for labor is cooling. While we do not find either to be at all surprising, many analysts and many market participants are in full Captain Renault mode, shocked to learn that an economy that recently seemed so strong suddenly seems to be teetering toward recession.
Weekly Market Commentary | April 3 2023
We’ve seen a robust recovery in demand since the trough of the COVID crisis. Here in the U.S., consumer spending now exceeds its pre-pandemic trend. Other developed markets are on a similar trajectory. However, that strong demand is running headlong into supply-side challenges.
Weekly Market Commentary | March 27 2023
We’ve seen a robust recovery in demand since the trough of the COVID crisis. Here in the U.S., consumer spending now exceeds its pre-pandemic trend. Other developed markets are on a similar trajectory. However, that strong demand is running headlong into supply-side challenges.
Asset Allocation | March 2023
Over the past several weeks, there has been considerable discussion of a “reacceleration” of U.S. economic growth in early 2023. While many have made note of this, few have been able to satisfactorily explain it, particularly given that it comes after the FOMC aggressively raised the Fed funds rate in 2022 and market interest rates followed suit.
Asset Allocation | February 2023
It’s hard to know where you’re going if you’re not sure where you are. That is something we learned from experience in the dark days before the advent of GPS technology.