Insights

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

Quantifying Buffett

4 minute read

Investors look to third quarter results for guidance.

4 minute read

Frontier countries fuel emerging market debt

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 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. 

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.

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.

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.

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?

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.

7 minute read

At historic discounts to large company stocks, small is beautiful unless ... the "R" word.

7 minute read

Weak jobs report should prompt Fed to cut rates in September.

4 minute read

Mid-cap companies can combine the beneficial features of both large and small companies.

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.

8 minute read

And if so, into early-cycle small caps or late-cycle defensive dividend payers?

7 minute read

Combination could chill the Fed longer than the consensus believes.

2 minute watch

Investors may balance the dramatic outperformance of a select few stocks with a diversified portfolio. 

7 minute read

I'm waiting up here in the cart.

2 minute read

Strong dollar entices Americans across the pond, boosting economies.

3 minute read

Investors are pricing in a Donald Trump victory.

4 minute read

Markets are already pricing in potential November scenarios.

9 minute read

Compare Biden and Trump in terms of policies and the potential investment implications.

6 minute read

The U.S. economy is slowing and inflation declining, but when will the Fed cut rates?

3 minute read

Investors in ‘wait and see’ mode following shocking French election result.

3 minute read

Higher pricing reflects supply and demand in a changing world.

3 minute read

Selectively taking profits in stocks but maintaining positive stance.

7 minute read

Were you able to keep the fireworks strictly to the sky?

8 minute read

Headline payroll strength hides weaker details.

1 minute watch

It could be years before the Fed reaches its 2% target.

7 minute read

The market is standing tall at the end of Q2, but it's hard not to have a few worries.

4 minute read

A gathering of professionals acknowledged five decades of money funds and sifted through issues in their future.

5 minute read

The presidential debate may be the only one in the election cycle.

3 minute read

Fears grow that Brazil will fail to eliminate its deficit.

4 minute read

IG-rated banks are well-positioned to handle the increase in office vacancies.

6 minute read

We bulls expect the rally to finally broaden … but not just yet.

4 minute read

After years of negative sentiment, the outlook for Chinese equities finally appears to be improving.

6 minute read

Our optimistic market outlook has been right, but our 'broadening out' thesis has yet to work.

6 minute read

Filling up at the pump matters to voters.

7 minute read

Despite dovish inflation data, Fed issues hawkish dots.

4 minute read

Can you guess the common threads in each of these four recent news categories?

3 minute read

The small-cap opportunity investors have been waiting for may be at hand.

4 minute read

Can you guess the common threads in each of these four recent news categories?

8 minute read

Nonfarm payroll strength belies weakness in other areas.

3 minute read

The impact of office CRE woes on most cities is mitigated by their diversification of revenue.

2 minute read

We expect a strong summer note season in the municipal markets ahead of the election. 

4 minute read

It’s all about the data.

5 minute read

With the Fed on hold and tax collection over, assets resume flowing into liquidity products. 

6 minute read

Fed likely to take the summer off.

6 minute read

If so, which decade are we reliving?

3 minute read

If so, it could lead to policy divergence between the ECB and the Fed.

3 minute read

EU elections could result in its first center-right coalition.

7 minute read

The economy is sending confusing messages, but the market keeps lurching ahead due to FOMO.

7 minute read

Baby bust fuels need for immigration and Social Security reform.

3 minute read

Global Market Snapshot

8 minute read

Staying overweight stocks and small caps, even as election looms.

7 minute read

Next year looks far away from here.

6 minute read

Stocks soar as CPI eases despite declining retail sales and confidence.

3 minute read

Encouraging inflation data put rate cuts in key global economies back on the table.

3 minute read

The U.S. Treasury’s plan to buy back some of its securities should have many benefits.

3 minute read

Sticky inflation might slow the Fed, but not the timeliness of extending duration.

7 minute read

It depends on whom you ask.

4 minute read

Other inflation metrics remain sticky and persistent.

2 minute read

This month's election in the Rainbow Nation likely will be the most contested of its democratic era.

2 minute read

If so, they—and investors—stand to benefit.

8 minute read

The Fed may be dovish just by not being hawkish.

8 minute read

Does today’s soft jobs report successfully change the Fed's narrative?

4 minute read

The Fed's game plan hasn't changed, but defeating inflation will take longer than it expected. 

7 minute read

Cooling GDP and accelerating inflation problematic for the Fed.

8 minute read

Inflation, politics and the market's dyspepsia have investors on edge.

1 minute read

What does age have to do with stock performance?

3 minute read

Dividend-oriented stock investing is poised for a resurgence.

5 minute read

With yields rising and P/Es contracting, we need good first-quarter earnings.

5 minute read

Historically, the last leg toward a given inflation target has often been the most difficult.

6 minute read

Re-accelerating inflation and strong labor market delay Fed cuts.

2 minute read

Clear electoral mandate in the world's largest democracy could attract investment and bolster growth.

8 minute read

Much stronger-than-expected jobs report keeps Fed rate cuts on hold.

7 minute read

A healthy labor market coupled with productivity growth could be just the thing.

3 minute read

The Fed is not feeling pressure to cut rates.

6 minute read

With solid growth, sticky inflation and surging stocks, the Fed is in no hurry to cut rates.

8 minute read

The market's having a party, but inflation's a guest that just won't leave.

8 minute read

Holding to overweight stocks call despite consensus moving our way as "Goldilocks Plus" drives market higher

7 minute read

The central bank hasn't cut and yet the market cheers.

5 minute read

Is the equity market rally inconsistent with Fed policy?

2 minute read

The global middle class has an increasing influence on markets.

2 minute watch

Investors should think constructively about the “Maturity Wall.”

7 minute read

Signs of resurgent inflation may be gradually countered by a change in the labor market.

2 minute read

China must address its faltering economy with much more fiscal stimulus.

5 minute read

Biden left more questions than answers about his economic policies in his SOTU address.

7 minute read

Can an effervescent market lead to durable gains?

7 minute read

Strong headline gains but weak data underneath.

2 minute read

The group pushed U.S. equities to record highs in 2023 and 2024.

2 minute watch

The Fed is in no rush to cut rates.

2 minute read

The GRANOLAS group of stocks are Europe’s equivalent of the Mag 7.

7 minute read

Magnificent Seven continue to outperform.

1 minute watch

The end of rolling recessions bodes well for risk assets.

4 minute read

Strong reports have swayed expectations for rate cuts rather than the Fed's constant blaring.

2 minute watch

The Fed will look closely at inflation numbers before making any cuts.

7 minute read

What's even better than a Goldilocks market?

2 minute read

Artificial intelligence is unlikely to steal jobs from human workers, but will alter the labor landscape.

6 minute read

Strong wage growth keeps Fed cuts off the bases.

9 minute read

Remaining “Long and Strong” as earnings season and economic data vindicates optimists.

7 minute read

Inflation data reminded us this week that we're not out of the woods yet.

4 minute read

Dismal retail sales in January cap a weak holiday spending season.

3 minute read

Will China replicate the success of Japanese and Korean automakers?

6 minute read

Less fixated on the Fed, the market now focuses on the economy's resilience.

5 minute read

Stocks strong start portends a volatile but positive year.

3 minute read

New investment-grade corporate bond issuance is pouring into the market.

7 minute read

In an economy like this, the Fed is in no hurry

7 minute read

Strong headline gains but a mixed picture beneath the surface.

4 minute read

The Fed removed its tightening bias, opening the door to rate cuts.

3 minute read

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

6 minute read

Should keep the Fed on the sidelines in March.

6 minute read

The market continues to move higher, but more breadth would be welcome.

7 minute read

Secular bull market reconfirmed; long-term prospects rising.

27 minute listen

2024 outlook: Part 2.

35 minute listen

2024 outlook: Part 1.

2 minute watch

Widening spreads could provide a step back into high yield.

5 minute read

There's plenty of data to cause concern but, for now, even more to prompt a smile.

60 minute watch

The presidential election, geopolitical risks and Fed moves are things to watch in 2024.

7 minute read

Labor market and consumer spending firm, while inflation rises.

5 minute read

What we got right…and wrong…in a volatile year.

2 minute watch

A weaker economy and earnings may impact the high-yield market.

7 minute read

Sticky inflation remains a concern, but maybe the path forward is muddling through.

6 minute read

Zero for two out of the gate.

1 minute watch

 The high-yield market saw a strong 2023.

2 minute read

Artificial intelligence’s capabilities and adoption are on track for a huge impact.

6 minute read

Strong job gains and rising wages keep Fed rate cuts on hold.

4 minute read

The consumer and corporate profits will decide whether the January effect has weight or not.

9 minute read

The Santa Claus Rally advanced most of our 2024 market call into 2023, but there’s plenty of room left for stock pickers as the market rally broadens.

2 minute read

Three things to watch in 2024.

3 minute read

Three things to watch in 2024.

2 minute watch

Despite the UAW strike, auto ABS remain strong.

3 minute read

Three things to watch in 2024.

2 minute read

Three things to watch in 2024.

3 minute watch

Consumer spending may be value based in 2024.

1 minute watch

 Experiences are trumping big-ticket items this holiday season.

7 minute read

Inflation grinds lower, the Fed throws in the towel and holiday spending slows.

4 minute read

Three things to watch in 2024.

6 minute read

Fed rate cuts not coming anytime soon.

6 minute read

But investors aren't going to let you spoil this rally. Next year? We'll see.

3 minute watch

Investors must consider timing when evaluating opportunities abroad.

3 minute watch

The Fed is seeing the results it hoped for.