Insights

3 minute read

US hard data will likely weaken in coming months prompting a resumption of Fed easing.

3 minute read

Facing criticism and uncertainty, Fed Chair Powell makes things worse by dismissing the SEP.

7 minute read

Sticking with our long-term bullish call on stocks.

7 minute read

Central bank waiting for fiscal and geopolitical policy developments to unfold before cutting rates.  

4 minute read

The question: Has Moody’s downgrade of the US credit rating impacted money market funds?

3 minute read

Competing economic dynamics have made the European Central Bank’s work challenging. 

10 minute read

Stock market returning to normal sailing conditions as we emerge from the Straits.

3 minute read

For now, Trump is 'just' insulting Fed Chair Powell, as the Treasury market has pushed back. 

7 minute read

Labor market remains solid, despite tariff uncertainty.

4 minute read

Many crosscurrents are affecting US rates

5 minute read

Trump's policy reversals buoy markets.  

3 minute read

A number of factors are likely prompting the move

2 minute read

The stability of the money markets is shining amid the greater financial turbulence.

6 minute read

Bonds display quiet strength as markets back away from risk.

5 minute read

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

3 minute read

'Uncertainty' dominated the FOMC meeting this week.

8 minute read

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

5 minute read

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

4 minute watch

There are many reasons why the Fed is likely to keep rates higher for longer.

4 minute read

The rally broadens.

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.

2 minute read

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

7 minute read

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

5 minute read

A variable order of events will influence bond markets

2 minute read

Three things to watch in 2025.

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.

5 minute read

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

6 minute read

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

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.

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.

3 minute read

Noisy data and election uncertainty might slow Fed easing.

9 minute read

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

2 minute watch

2025 will come with clarity on interest rates and politics.

4 minute read

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

4 minute read

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

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.

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.

2 minute watch

The outlook for money market funds remains buoyant.

6 minute read

Federal Reserve ‘recalibrates’ monetary policy.

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.

3 minute read

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

6 minute read

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

7 minute read

Fed on track to begin cutting rates later this month.

4 minute read

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

1 minute read

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

4 minute read

Markets are yet again pricing in too many Fed cuts.

3 minute read

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

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.

10 minute read

Holding to overweights in value and small cap stocks; too early to add back to growth.

3 minute read

The sell-off was sparked by the latest U.S. jobs data, but other things were in the mix.

4 minute read

The FOMC is back to considering both the labor market and inflation equally as it weighs cuts.

4 minute read

Holding to rotation call as thesis playing out.

7 minute read

Combination could chill the Fed longer than the consensus believes.

4 minute read

Markets are already pricing in potential November scenarios.

2 minute watch

Rates won’t be higher forever.

3 minute read

Higher pricing reflects supply and demand in a changing world.

3 minute read

After a bumpy 2023, small-cap U.S. stocks are in a good place.

3 minute read

Three things to watch in 2024.

4 minute read

The new regulations for money funds don't change their value proposition.