Insights

10 minute read

Just how flexible will the Trump administration prove to be?

5 minute read

Trump's policy reversals buoy markets.  

3 minute read

Global Market Snapshot

3 minute read

Equity market neutral strategies offer potential for shelter amid volatility.

3 minute read

Creditors must weigh the benefits and risks of Trump's push for looser rules.

9 minute read

Powell's shoutout to "that great Chicagoan Ferris Bueller" was directed at Trump.

3 minute read

Global Market Snapshot

7 minute read

Should investors focus on solid hard data or weak soft data?

3 minute read

The sell-off and rebound don't mean investors can’t weather volatility.

3 minute read

A number of factors are likely prompting the move

10 minute read

Maintaining our moderate equity overweight as we slip past the reefs.

8 minute read

A historic week of ups and downs left investors "a little queasy."

2 minute read

Global Market Snapshot

6 minute read

Bonds display quiet strength as markets back away from risk.

9 minute read

Trump's Liberation Day tariff announcement certainly checks off Rule #1 of his Art of the Deal.

3 minute read

Uncertainty is not gone, but it is receding.

2 minute read

The bond market is a rational voice amid the panic caused by Trump’s tariffs.

7 minute read

Calculated well before the tariff announcement, the US added a robust 228,000 jobs in March. 

3 minute read

Global Market Snapshot

8 minute read

Adding to stocks, trusting the sailors.

3 minute read

Trump’s reciprocal tariffs are more aggressive than the markets were expecting.

2 minute read

Economic growth is now central to China's agenda.

4 minute read

Total US money fund assets push past $7 trillion.

3 minute read

Despite publicized debate, tax exemption of municipal bond interest is likely safe.

9 minute read

Just how much is 'very'?

4 minute read

Concern about Trump’s tariffs and sticky inflation seem to be deflating consumer confidence.

5 minute read

Fed stays in wait-and-see mode, but makes major changes to its forecast

9 minute read

No, this is not a golf-related typo.

3 minute read

'Uncertainty' dominated the FOMC meeting this week.

3 minute read

Unless you're sure to be right and on time, you need a plan.

8 minute read

Well, then, why are we worried about a recession? 

6 minute read

Bessent preaches short-term pain for long-term gains.

4 minute read

Weekly Global Market Snapshot

8 minute read

As a soft patch emerges, opportunity to add to stocks is getting closer.

2 minute read

It's been a momentous time in geopolitics. 

4 minute read

Trump's 'unpredictable' approach could work, unless nervous business leaders lay employees off in numbers. 

6 minute read

Maybe the Fed’s not done cutting rates this year, after all.

3 minute read

Weekly Global Market Snapshot

5 minute read

How the emerging trade war might impact the US economy and equities.

1 minute read

Why a short-term economic soft patch should give way to a strong second half for markets. 

4 minute read

Market intervention should subside under the new SEC leadership.

8 minute read

No one would eat sausage if they saw how it's made.

6 minute read

Financial markets roiled by developments in D.C.

6 minute read

A near-term slowdown may be emerging, but the longer-term upside is keeping the bears at bay…so far.

7 minute read

A look at the new president's agenda.

4 minute read

DeepSeek drives China technology surge and broader market rally.

6 minute read

On the back of solid holiday retail sales, January's were dismal.

4 minute read

A number of countries are seeing positive ratings trends.  

8 minute read

Is this the beginning of the end or the end of the beginning?

3 minute read

Lowering the 10-year Treasury yield is more difficult than some think.   

4 minute read

The rally broadens.

10 minute read

The opening salvos, at least, were fairly tame.

7 minute read

New year starts with hiring and wage growth.

4 minute read

Weekly Global Market Snapshot

3 minute read

Were the bond vigilantes behind the recent upheaval in UK government debt?

10 minute read

Staying long-term positive through choppy waters.

3 minute read

For liquidity investors, the Fed decision to pause cuts matters more than Powell and Trump locking horns.

8 minute read

Investors got a "wake-up call" this week.

7 minute read

Revisions are possible due to inventory and trade data.

3 minute read

Weekly Global Market Snapshot

2 minute read

The Fed kept rates steady, and Chair Powell kept his distance from Trump.  

4 minute read

The short term is not the enemy of the long term.

7 minute read

The market cheered strong earnings and a new administration.

3 minute read

Weekly Global Market Snapshot

2 minute read

The factors that supported MBS last year are still in place.

7 minute read

Preparing for volatility while staying positioned for a positive long-term outcome.

6 minute read

Peak policy uncertainty.

6 minute read

Moderating inflation has restored confidence in the rally.

4 minute read

Weekly Global Market Snapshot

5 minute read

Stocks playing catch-up with bond market sell-off.

5 minute read

A variable order of events will influence bond markets

7 minute read

The yield curve is back with a vengeance.

5 minute read

Employment strength should keep Fed on the sidelines for some time. 

2 minute read

Three things to watch in 2025.

3 minute read

Weekly Global Market Snapshot

13 minute read

Potential surprises for the market in 2025 seem balanced; staying tilted toward stocks, with cash in reserve for a correction if it comes.

2 minute read

Three things to watch in 2025.

6 minute read

After back-to-back great years, could we expect solid returns in 2025?

2 minute read

Three things to watch in 2025.

2 minute read

Three things to watch in 2025.

7 minute read

A hawkish Powell and DC standoff interrupt animal spirits.

6 minute read

As the Fed slows its pace, shoppers are increasing theirs.

2 minute read

A small number of people could have a large impact on the economy in 2025.

2 minute read

While it cut rates, uncertainty about Trump policies seem to give the Fed pause.

7 minute read

There's some evidence of a tired market as investors anticipate 2025.

2 minute read

The coming year may be more volatile than the one nearly past. 

3 minute read

Weekly Global Market Snapshot

5 minute read

Moving more money out of Europe/Japan to US and emerging markets.

2 minute read

Three things to watch in 2025

3 minute read

Rate cuts and deregulation could help lead the segment higher.

6 minute read

Since the election, consumer and business sentiment has improved.

7 minute read

The US is doing quite well, especially when seen in perspective. 

6 minute read

Labor market rebounds from October weather and strikes.

3 minute read

Weekly Global Market Snapshot

3 minute read

One reason is rate cuts.

3 minute read

Money market assets have reached a new mark.

5 minute read

If your Thanksgiving guests violate the no-politics discussion rule, shut it down with policy.

4 minute read

The themes that matter for the coming year.

5 minute read

The themes that matter for the coming year.

6 minute read

Confidence high and stocks higher as election gives way to holidays.

7 minute read

The Aloha Spirit, "the breath of life," may be just what the doctor ordered.

2 minute read

Will weakness in Europe open the gate to a second Draghi moment?

4 minute read

Markets should rise toward 7,500 in 2026 as Trump’s growth agenda plays out and the chess game moves forward.

4 minute read

Will rising post-election confidence boost holiday sales?

6 minute read

A look at the impact Trump's potential policies might have on international markets. 

4 minute read

They may be coming, but their supposed benefits are a mirage.

7 minute read

The market may be a little giddy but be careful of snap decisions. 

3 minute read

Global Market Snapshot

5 minute read

Resurgent inflation and stronger growth render the Fed’s rate-cutting plans uncertain.

10 minute read

Deciphering the outlook will depend on understanding we are in a chess game.

7 minute read

With an equally divided electorate, what happened?!

3 minute read

Republicans closing in on 'Red Trifecta.'  

3 minute read

Powell rebuffed questions about the Fed's future, and his own, but his nebulous comments give the FOMC latitude.

2 minute read

Federated Hermes CIOs react to the U.S. election.

8 minute read

An exhausted electorate wonders what the post-election future holds.

7 minute read

Investors, voters and the Fed will likely look past the October jobs report distorted by hurricanes and strikes.

3 minute read

Labour budget outlined plans to fill fiscal ‘black hole’ and invest for economic recovery.

3 minute read

Noisy data and election uncertainty might slow Fed easing.

2 minute read

A trade war could have unexpected consequences.

7 minute read

Bonds sold off, stocks held on and the election drew one week closer.

7 minute read

Wild swings in election prospects impact financial markets

5 minute read

Monetary and fiscal policy are at the forefront of investors’ minds.

3 minute read

Beijing goes for growth.

9 minute read

All five worries on the wall are fading as year-end approaches.

4 minute read

The implications for foreign policy could be far-reaching

7 minute read

Which depend on revenues, which depend on employed consumers.

7 minute read

Will Fed’s data dependency generate market volatility? 

4 minute read

With inflation at a 3-year low, the Bank of England might cut rates further by year-end.

2 minute read

Auto ABS delinquency and charge-off rates are rising, but fundamentals remain strong.

4 minute read

A strong quarter for bonds as a patient, diversified approach is rewarded

6 minute read

The bullish stock market seems to be overlooking deteriorating fundamentals.

8 minute read

Amid many uncertainties and difficulties, this market keeps its chin up. 

3 minute read

MDT’s recently created Industry Moat factor helps identify under-appreciated companies. Here’s how it works in practice.

4 minute read

Investors look to third quarter results for guidance.

4 minute read

Frontier countries fuel emerging market debt

6 minute read

Remaining cautiously bullish as market grinds into fourth quarter.

8 minute read

Recent good news augurs well for more of the same. 

2 minute read

Robust September jobs report supports view the economy is headed for rotation, not recession.

3 minute read

The case for a strategic long-term allocation remains strong.

3 minute read

The brief dockworkers' strike re-kindled inflation concerns this week.

3 minute read

Homebuilding stocks are rising, and the housing market may be springing back too.

4 minute read

The longshoremen strike could have far-reaching consequences for the economy and markets.

4 minute read

Interest rates have fallen, but in the liquidity space, the sky has not.

7 minute read

With so much to worry about, it's easy to forget how much is going right.

7 minute read

Weakest Back-to-School spending in 15 years.

3 minute read

Does the rally in Chinese equities from its new stimulus program have legs?

8 minute read

China bazooka follows Fed's big cut, fueling the cyclical trade; U.S. elections on deck.

3 minute read

Fed easing means fixed-income investments should benefit from both factors of total return: price and income.

8 minute read

An early, soft-landing Christmas present with a bow on it?

6 minute read

Federal Reserve ‘recalibrates’ monetary policy.

4 minute read

The Fed announced a punchy 50 basis-point rate. 

3 minute read

The data did not support the large cut, but the Fed did not want to seem behind the curve.

2 minute read

The Fed’s half-point rate cut shows it still thinks the economy can avoid a recession.

7 minute read

Loneliness is bad, but solitude is amazing!

3 minute read

Equities regained ground this week amid volatile trading and last week's tech-led sell-off.

6 minute read

On the cusp of cutting rates, the only unknowns are the pace and magnitude.

3 minute read

Rate cuts seem imminent. How might investors adapt their portfolios?

6 minute read

‘R’otation continues, even as ‘R’ecession now in play.

8 minute read

Bouts of volatility need a good tonic. 

7 minute read

Fed on track to begin cutting rates later this month.

3 minute read

Five things spooking markets this week.

4 minute read

The markets’ first test is Friday’s August jobs report.

3 minute read

The election likely will determine the fate of the Tax Cut and Jobs Act. 

1 minute read

Sticking with our broadening-out call as market moves our way.

6 minute read

And it has parallels to the present day.

5 minute read

Presidential elections typically gather steam after Labor Day.

4 minute read

Markets are yet again pricing in too many Fed cuts.

4 minute read

It's not flying like it would in a recession.

4 minute read

For investors looking for a change in direction, China's Third Plenum was underwhelming.

5 minute read

Powell adopts dovish tone in his Jackson Hole keynote

6 minute read

The Fed says the time has come.

4 minute read

Four possible causes of the public's sour mood.

3 minute read

The predictive strength of the curve’s inversion has waned, but not disappeared.

7 minute read

The market has regained its composure - for now.

5 minute read

Will politicians finally address the ballooning U.S. debt and deficit?

8 minute read

Reasons why we think the market will remain volatile and 'The Great Rotation' will continue.

3 minute read

As rate cuts are up for debate, focus on the impact on the short end of the yield curve.

6 minute read

Can electric vehicle sales grow enough to meet the government’s target?

7 minute read

And then what?