Insights

3 minute read

Yet another shift in the Fed's SEP has the markets again playing defense. 

6 minute read

Fed plans to keep interest rates higher for longer.

2 minute read

The Fed opts against raising rates, but doesn't rule out another hike this year.

4 minute read

Fed Chair Powell addressed inflation targets and market expectations in Jackson Hole.  

5 minute read

Powell uses Jackson Hole keynote to reiterate Fed’s vigilance to lower inflation.

4 minute read

The evidence so far suggests not a lot. 

4 minute read

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

2 minute read

With the impact of its tightening still not apparent, the Fed opted for another modest rate hike. 

3 minute read

The positives and negatives of the new SEC money market amendments. 

2 minute watch

A mild recession may be inevitable.

3 minute read

The markets have finally listened to hawkish Fed speak.

4 minute read

As global central banks take different paths, where might investors look?

2 minute read

The Fed skipped a rate hike but suggested more could come. 

7 minute read

A hot headline increase of 339,000 jobs in May but colder details put Fed in wait-and-see mode.

3 minute read

Following the official suspension of the federal debt limit, expect the U.S. Treasury to issue a massive amount of securities.

1 minute watch

While the markets seem to expect the Fed to reverse course, rates may stay higher for longer.

2 minute read

And the case for bond returns is getting stronger.

6 minute read

Looming risks make it hard to assess where markets go next.

2 minute read

The Fed raised rates again, but hinted it soon might be time to take a breather.

4 minute read

What's behind the substantial rise in assets of money market vehicles?

5 minute read

With volatile markets ahead, stocks enter a period of limbo.

43 minute listen

Stubborn inflation, strong consumption data and a robust labor market are clouding the economy’s path.

2 minute watch

Investors may find value in high-quality bonds.

1 minute watch

Banking sector turmoil has raised recession risks.

7 minute read

Fed rate hikes finally may be starting to bite.

3 minute read

The Federal Reserve’s dual function as regulator and policy-setter has been on display.

6 minute read

Will the Federal Reserve pivot from its fight against inflation?

7 minute read

Not all regional banks are caught up in the turmoil. 

3 minute read

Fed Chair Powell made the case for another quarter-point hike amid the banking turmoil.

6 minute read

Simmering post-pandemic issues are raising the temperature.

1 minute watch

Growth stocks typically do well in low-rate, low-growth environments.

6 minute read

The Fed’s response to the collapse of SVB puts pressure on the Treasury and the FOMC decision next week.

2 minute read

The still hot labor market all but ensures the Federal Reserve stays aggressive.

3 minute read

The recent pullback after a strong start to ’23 may be just a breather.

7 minute read

U.S. equity and fixed-income markets are pointing in different directions.

4 minute read

Investors have begrudgingly capitulated to a still-hawkish Fed.

3 minute read

Supply and demand dynamics are supporting the municipal bond market.

2 minute watch

As the Fed slows rate hikes, the ECB is staying the course.

5 minute read

The global economic picture is setting up to look a lot like last year's.

7 minute read

Inflation, consumer strength move bonds closer to the Fed. Stocks still keeping some distance.

3 minute read

The economy is facing stronger headwinds than the markets realize.

3 minute read

Signs suggest Europe’s economy might avoid a serious downturn.

3 minute read

And that's creating challenges for fixed-income positioning.

5 minute read

We're probably not yet at a "just right" stage for stocks, especially of the growth variety.

3 minute read

An improved high-yield asset class might not flash the same signs for reentry as in past economic downturns.

Inflation cooling but labor market remains healthy.

5 minute read

Two market indicators suggest equities could enjoy a better year. 

Three things to watch in 2023.

Three things to watch in 2023.

Three things to watch in 2023.

The Fed pushes back against market expectations.

45 minute listen

Silvia Dall’Angelo, Donald Ellenberger and Steve Chiavarone discuss global inflation and whether the markets have already priced in a recession. 

7 minute read

The U.S. economy is slowing across the board.

You have to ask: is he here to hurt or help?

FOMC voters must stick to the data to make their next decision on rates.

Potential recession is likely to be mild.

Emerging markets stayed strong during rate hikes.

Securities are flowing back into the marketplace.

Money market funds reflect rate hikes.

Wide corporate bond spreads are enticing, but the time to add to credit sectors hasn't come yet.

Solid week of employment data keeps Fed aggressive.

Fed Chair Powell indicates the pace of hikes is not as crucial as arriving at the right place.

3 minute read

Money market yields have returned to pre-GFC levels.

Hawkish Fed prompts us to lower our GDP growth estimates.

Numerous factors affect our outlook. 

3 minute read

Fed projections are less useful these days.