Bonds: January Inflation Data A Non-Event For Treasuries, But Falling Prices Paid Put Downward Pressure On Yields; The Riskiest, Lowest Quality High Yield Corporate Bonds Outperform On The Week.
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Weekly Market Commentary | March 04 2024
Bonds: January Inflation Data A Non-Event For Treasuries, But Falling Prices Paid Put Downward Pressure On Yields; The Riskiest, Lowest Quality High Yield Corporate Bonds Outperform On The Week.
Weekly Market Commentary | February 26 2024
Stocks: Nervousness Preceding NVDA Earnings Proves Unwarranted, Japanese Stocks Make First New High Since 1989, Chinese Stocks Stage A Comeback As The Government Steps Up Support
Asset Allocation | February 2024
For those of us tasked with tracking, analyzing, and forecasting the economic data, a general rule is that you seldom actually know what you at first think you know.
Weekly Market Commentary | February 12 2024
Stocks: Nervousness Preceding NVDA Earnings Proves Unwarranted, Japanese Stocks Make First New High Since 1989, Chinese Stocks Stage A Comeback As The Government Steps Up Support
Weekly Market Commentary | February 05 2024
Stocks: Magnificent Seven Under The Microscope, Slowing The NASDAQ; Federal Reserve Holds Rates, Downplaying Odds
of March Move and Regional Banks Face Renewed Concerns
Weekly Market Commentary | January 29 2024
US Equities Make New Highs On Earnings and Sales Growth From Early Results. The S&P 500 saw a tapered gain of 1.07% compared to weeks prior but closed at a new high of 4,890, marking its third consecutive weekly advance.
Asset Allocation | January 2024
Our 2024 outlook is a natural follow-up to our 2023 outlook, which, as some readers will recall, was “Lots of Stuff May or May not Happen in 2023.” At the risk of appearing immodest, our 2023 outlook wasn’t just correct, it was spot-on, dead-bang, on-the-money correct, as lots of stuff did indeed happen in 2023 and lots of stuff indeed didn’t happen in 2023. Moreover, some of the stuff that happened in 2023 was stuff we thought would happen, and some of the stuff that didn’t happen in 2023 was stuff we didn’t think would happen.
Asset Allocation | December 2023
As we close in on year-end, there are concerns that the U.S. economy will slip into recession in the new year, and even though inflation remains well above the Federal Open Market Committee’s (FOMC) 2.0% target rate, the committee finds itself trying to push back against market expectations of aggressive Fed funds rate cuts.
Weekly Market Commentary | December 18 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.