Insights

1 minute read

Will the relief rally — and fragile Iran ceasefire — hold?

3 minute read

The Iran conflict likely will prompt many governments to reassess energy security.

3 minute read

AI won't replace biotech — it could help supercharge it.

7 minute read

But will the Iran conflict weigh on employment in the coming weeks?

4 minute read

Assets sent to the money markets due to the Iran conflict might stay for the yields.

2 minute read

Oil prices prompt a drastic shift in expectations for global central bank policy.

1 minute read

Much depends on how long the Strait of Hormuz is blocked during the Iran conflict.

8 minute read

Maintaining our growth and S&P targets while acknowledging a widening range of outcomes.

6 minute read

Will its next policy move be another pause, a cut or a hike? It depends.

2 minute watch

How the tax-free sector, especially high-yield, might fit into an investment strategy.

8 minute read

If the Iran war does not derail it, the US economy should remain strong.

4 minute watch

From the liquidity markets to long-term bonds, municipal securities are having quite a year. 

1 minute read

Rise in oil prices might goose inflation just as the US labor market appears to be weakening.

5 minute read

Battle lines are drawn during State of the Union address.

2 minute watch

Out-of-index sectors, such as trade finance, offer alternative investment opportunities. 

5 minute read

Five reasons to be bullish on China (and one key risk to be aware of).

1 minute read

Lowering return expectations even while ’macro’ looks solid.

5 minute read

SCOTUS rules against tariffs.

10 minute read

US bond markets are relatively stable in the face of potential disruption.

3 minute watch

We think AI is in a boom, not a bubble.

1 minute read

US labor market was strong across the board in January.

4 minute read

A virtuous cycle of shared prosperity may lie ahead.

7 minute read

Market broadening accelerates as software gets its 'DeepSeek' moment.

6 minute read

Equity rally broadens out amid positive January Barometer.

3 minute read

From a subpoena to a nomination, the Fed dominated the financial headlines.

6 minute read

Policy fog now begins to lift after this week's rate-cut pause.

3 minute read

With attractive yields and solid credit, demand for corporate bonds continues to be strong.

1 minute read

We think GDP growth could reach 3.3% in 2026.

6 minute read

If the future keeps bond investors awake at night, the present is complicated too.

A discussion of credit spreads and the widening gap in quality and duration between high yield and IG companies.

7 minute read

The building blocks of traditional strategic asset allocation have been rearranged. Is a new paradigm needed?

5 minute read

But midterm elections and Fed leadership transition could spark volatility.

The Fed faces multiple uncertainties this year.

5 minute read

Data-dependent bond markets shrugged off uncertainty to end a strong year.

5 minute read

The Trump administration may be in a hurry to solve this problem.

15 minute read

Top risks for 2026 are skewed to the upside.

7 minute read

Fed likely on hold in January.

3 minute read

The Federal Reserve is waiting and watching.

5 minute read

Federated Hermes 2026 outlook series.

7 minute read

With unemployment rising but inflation easing, Fed has room for rate cuts in 2026.

13 minute read

Many bull markets lead to bubbles, then bears, but the present bull is no bubble…yet.

2 minute read

How tariffs and trade policies are impacting holiday shoppers

6 minute read

Policymakers lower rates despite boosting GDP forecasts and reducing inflation estimates.

1 minute read

Investors have multiple metrics to assess performance.

1 minute read

GDP growth estimates rising.

4 minute read

No need for flowers or sympathy cards.

4 minute read

Federated Hermes 2026 outlook series.

4 minute read

In addition to mulling interest rates, the Fed is looking out for complications stemming from the end of QT.    

5 minute read

The economy is strong and inflation is declining, so why is confidence falling? 

8 minute read

Investors have some dissonance to consider in the year ahead.

3 minute read

Federated Hermes 2026 outlook series continues with views about the fixed-income market.

8 minute read

Delayed September jobs report sparks Fed policy tug of war.

3 minute read

We are in the midst of a technical, overdue correction in search of a narrative.

5 minute read

Federated Hermes 2026 outlook series.

8 minute read

Our CIOs kick off the Federated Hermes 2026 outlook series.

5 minute read

Financials may benefit from the continuation of rate cuts in the US and emerging markets.

6 minute read

Optimism holds, reinforced by caution

7 minute read

Major wins suggest the midterm elections also could swing blue.

5 minute read

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

3 minute read

Fed Chair Powell was markedly less confident in the October FOMC meeting than in September's.

5 minute read

Looser Fed, APEC summit gains and strong earnings season drive stocks to record highs.

3 minute read

The environment is helped by the Bank of England holding rates steady.

5 minute read

Fed on track to cut rates again next week.

6 minute read

Congressional game of chicken continues with government shutdown.

9 minute read

Likely sources of near-term volatility on the path to One Big Beautiful World.

4 minute read

Munis have become one of the most compelling opportunities in the market.

9 minute read

Raising our estimates for economic growth.

5 minute read

The Fed does what it must and the everything rally resumes.

13 minute read

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

6 minute read

Investors are ignoring the missing pieces.

3 minute read

Fed policy path and bond market pricing hinge on job creation versus a lift to inflation.

4 minute read

Fast-developing economies are transforming global markets.

3 minute read

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

6 minute read

Bond markets have been in 'white out' mode recently.

3 minute read

Poor consumer sentiment does not jibe with the strong spending that's taking place.

6 minute read

Strong back-to-school spending boosts the economy.

6 minute read

Fed launches easing cycle to address asymmetric risks.

4 minute read

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

7 minute read

The Federal Reserve is poised to relaunch its rate-cutting cycle.

3 minute read

BLS overstated employment for the last 12 months by nearly 1 million jobs, a revision all but ensuring a rate cut.

9 minute read

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

8 minute read

Weak hiring in August augurs a Fed rate cut in September.

5 minute read

Trump’s pressure on the Fed notwithstanding, the money markets have much to celebrate.

6 minute read

Housing, office buildings and retail are all under stress.

3 minute read

Political pressures persist and markets assume the resumption of rate cuts

6 minute read

Not all points of the yield curve respond equally to Federal Reserve rate cuts.

4 minute read

Fed’s Powell opens door to rate cut in Jackson Hole symposium speech.

6 minute read

The Portfolio Construction Solutions team conducts portfolio analyses across hundreds of portfolios on an ongoing basis.

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.

6 minute read

Huge swing in trade in the second quarter skewed the data.

6 minute read

Trailing hard data catching up to yesterday’s soft data, even as today’s soft data signals rebound.

8 minute read

Weak July jobs report increases odds of a Fed rate cut.

4 minute read

Fed holds rates, and Chair Powell sidesteps President Trump's pressure.

3 minute read

High used car prices and low unemployment are positive for investors.

7 minute read

In the wake of the passing of Trump’s signature bill, reducing the federal debt requires out-of-the-box thinking. 

3 minute read

The unmet demand for credit in emerging markets creates compelling investment prospects. 

8 minute read

In bull markets, you don't sell rallies, but buy dips, with rotation more likely than correction.

4 minute read

Headline inflation rose and core slowed, while tariffs remain a wild card.

8 minute read

Chair Powell on the hot seat.

7 minute read

Stocks are on a tear, but investors may consolidate gains.

8 minute read

The strong labor report for June likely keeps the Fed on pause in July.

4 minute read

The Fed shouldn't want a softening housing market.

3 minute watch

A brief history of quantitative investing.

3 minute read

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

6 minute read

Stocks mount powerful rebound despite policy concerns.

4 minute read

Outside of tech, public capital markets remain robust.

4 minute read

Thanks to advances in computing power, today's quant is not the quant of old.

7 minute read

Sticking with our long-term bullish call on stocks.

6 minute read

AI: It's here. It's everywhere. What's next?

7 minute read

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

6 minute read

Storm clouds on the horizon, but confidence is rebounding.

4 minute read

Most municipalities used Covid stimulus wisely and are prepared for cuts in federal funding.

3 minute read

President Javier Milei’s severe austerity package has helped tame the country’s chronic inflation crisis.

2 minute read

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

5 minute read

Bond investors had plenty to consider during May as momentum shifted

2 minute watch

With peak tariff uncertainty behind us, we think stocks should grind higher.

6 minute read

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

4 minute read

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

4 minute read

What’s bad for building new cars is good for ABS tied to auto loans and leases.

3 minute read

Treasury yields have cheapened amid the tumult, creating a tactical opportunity.

5 minute read

Just when it seemed certain that retail sales will plummet from strong March/April levels, consumer sentiment has surged.

7 minute read

Equity and fixed-income investors are responding differently to tariff and fiscal policy uncertainty.

5 minute read

The Portfolio Construction Solutions team conducts portfolio analyses across hundreds of portfolios on an ongoing basis.

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.

5 minute read

Solid US economic data also helps as equities reverse their April freefall.

7 minute read

Import surge pushes first-quarter GDP into the red.

4 minute read

Many crosscurrents are affecting US rates

3 minute read

Trump's attacks make it harder for the Fed Chair to steer the economy through the storm.

3 minute read

But the US dollar's recent decline isn't a sign it will relinquish its status as the reserve currency. 

5 minute read

Trump's policy reversals buoy markets.  

7 minute read

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