Insights

10 minute read

Just how flexible will the Trump administration prove to be?

5 minute read

Trump's policy reversals buoy markets.  

3 minute read

Equity market neutral strategies offer potential for shelter amid volatility.

3 minute read

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

9 minute read

Powell's shoutout to "that great Chicagoan Ferris Bueller" was directed at Trump.

7 minute read

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

3 minute read

The sell-off and rebound don't mean investors can’t weather volatility.

10 minute read

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

8 minute read

A historic week of ups and downs left investors "a little queasy."

9 minute read

Trump's Liberation Day tariff announcement certainly checks off Rule #1 of his Art of the Deal.

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.

4 minute read

Total US money fund assets push past $7 trillion.

9 minute read

Just how much is 'very'?

4 minute read

Concern about Trump’s tariffs and sticky inflation seem to be deflating consumer confidence.

9 minute read

No, this is not a golf-related typo.

8 minute read

Well, then, why are we worried about a recession? 

6 minute read

Bessent preaches short-term pain for long-term gains.

8 minute read

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

4 minute read

Trump's 'unpredictable' approach could work, unless nervous business leaders lay employees off in numbers. 

6 minute read

Maybe the Fed’s not done cutting rates this year, after all.

5 minute read

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

1 minute read

Why a short-term economic soft patch should give way to a strong second half for markets. 

4 minute read

Market intervention should subside under the new SEC leadership.

8 minute read

No one would eat sausage if they saw how it's made.

6 minute read

Financial markets roiled by developments in D.C.

6 minute read

A near-term slowdown may be emerging, but the longer-term upside is keeping the bears at bay…so far.

2 minute watch

Investors are still drawn to liquidity products in the UK and EU despite the rate cuts.

7 minute read

A look at the new president's agenda.

4 minute read

DeepSeek drives China technology surge and broader market rally.

4 minute watch

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

6 minute read

On the back of solid holiday retail sales, January's were dismal.

4 minute read

A number of countries are seeing positive ratings trends.  

8 minute read

Is this the beginning of the end or the end of the beginning?

10 minute read

The opening salvos, at least, were fairly tame.

7 minute read

New year starts with hiring and wage growth.

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.

8 minute read

Investors got a "wake-up call" this week.

7 minute read

Revisions are possible due to inventory and trade data.

7 minute read

The market cheered strong earnings and a new administration.

2 minute read

The factors that supported MBS last year are still in place.

7 minute read

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

6 minute read

Peak policy uncertainty.

6 minute read

Moderating inflation has restored confidence in the rally.

3 minute watch

The effect on international equities might depend on some Trump policies.

5 minute read

Stocks playing catch-up with bond market sell-off.

7 minute read

The yield curve is back with a vengeance.

5 minute read

Employment strength should keep Fed on the sidelines for some time. 

2 minute read

Three things to watch in 2025.

13 minute read

Potential surprises for the market in 2025 seem balanced; staying tilted toward stocks, with cash in reserve for a correction if it comes.

2 minute read

Three things to watch in 2025.

6 minute read

After back-to-back great years, could we expect solid returns in 2025?

2 minute read

Three things to watch in 2025.

2 minute read

Three things to watch in 2025.

2 minute read

Home ownership is no longer accessible to many Americans.

7 minute read

A hawkish Powell and DC standoff interrupt animal spirits.

6 minute read

As the Fed slows its pace, shoppers are increasing theirs.

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.

7 minute read

There's some evidence of a tired market as investors anticipate 2025.

5 minute read

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

6 minute read

Since the election, consumer and business sentiment has improved.

7 minute read

The US is doing quite well, especially when seen in perspective. 

6 minute read

Labor market rebounds from October weather and strikes.

3 minute read

Money market assets have reached a new mark.

5 minute read

If your Thanksgiving guests violate the no-politics discussion rule, shut it down with policy.

6 minute read

Confidence high and stocks higher as election gives way to holidays.

7 minute read

The Aloha Spirit, "the breath of life," may be just what the doctor ordered.

4 minute read

Markets should rise toward 7,500 in 2026 as Trump’s growth agenda plays out and the chess game moves forward.

4 minute read

Will rising post-election confidence boost holiday sales?

6 minute read

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

4 minute read

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

7 minute read

The market may be a little giddy but be careful of snap decisions. 

5 minute read

Resurgent inflation and stronger growth render the Fed’s rate-cutting plans uncertain.

2 minute watch

The math of dividend investing is one that works out over years.

10 minute read

Deciphering the outlook will depend on understanding we are in a chess game.

7 minute read

With an equally divided electorate, what happened?!

3 minute read

Republicans closing in on 'Red Trifecta.'  

2 minute read

Federated Hermes CIOs react to the U.S. election.

8 minute read

An exhausted electorate wonders what the post-election future holds.

7 minute read

Investors, voters and the Fed will likely look past the October jobs report distorted by hurricanes and strikes.

3 minute read

Noisy data and election uncertainty might slow Fed easing.

7 minute read

Bonds sold off, stocks held on and the election drew one week closer.

5 minute read

Monetary and fiscal policy are at the forefront of investors’ minds.

9 minute read

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

4 minute read

The implications for foreign policy could be far-reaching

2 minute watch

2025 will come with clarity on interest rates and politics.

7 minute read

Which depend on revenues, which depend on employed consumers.

7 minute read

Will Fed’s data dependency generate market volatility? 

4 minute read

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

2 minute read

Auto ABS delinquency and charge-off rates are rising, but fundamentals remain strong.

4 minute read

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

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

MDT’s recently created Industry Moat factor helps identify under-appreciated companies. Here’s how it works in practice.

4 minute read

Investors look to third quarter results for guidance.

4 minute read

Frontier countries fuel emerging market debt

6 minute read

Remaining cautiously bullish as market grinds into fourth quarter.

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.