Insights

5 minute read

Even without fresh government data, the labor market is weak enough to prompt the Fed to cut rates further.

5 minute read

Fed on track to cut rates again next week.

13 minute read

Introducing our 2027 S&P 500 price target of 8,600.

3 minute read

When the Fed lowers rates, liquidity yields often decline more gradually than those in the direct market.

4 minute read

Conspicuous dissent aside, the Federal Reserve reached a consensus to cut rates by a quarter point.

9 minute read

Sticking with our 'broadening out' call despite the caution the Fed’s cracked rearview mirror demands.

3 minute read

China’s economy has struggled with deflation due to overcapacity, but there is hope.

6 minute read

Is the rollback of electronic vehicle mandates and subsidies pro-consumer or anti-environment?

4 minute read

Cracks in the labor market were evident well before the most recent BLS jobs report.

8 minute read

Chair Powell on the hot seat.

7 minute read

Sticking with our long-term bullish call on stocks.

6 minute read

Storm clouds on the horizon, but confidence is rebounding.

2 minute read

US tax bill could hike taxes of foreign holders of US assets.

6 minute read

Sticking with our 6,500 year-end S&P 500 forecast.

5 minute read

Trump's policy reversals buoy markets.  

3 minute read

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

10 minute read

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

2 minute read

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

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. 

8 minute read

Adding to stocks, trusting the sailors.

3 minute read

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

3 minute read

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

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.

7 minute read

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

6 minute read

Peak policy uncertainty.

4 minute read

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

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.