Midyear Outlook 2024: Still Waiting for the Turn
We are pleased to share Midyear Outlook 2024: Still Waiting for the Turn, the semi-annual report that recaps where markets and the economy have been over the first half of 2024.
Outlook 2024: A Turning Point
We are proud to share Outlook 2024: A Turning Point — recapping where markets have been over the last half of 2023 and aiding as we position through midyear 2024.
Five Things We’re Thankful For: Fixed Income Edition
There’s no doubt the last few years have been challenging for fixed income investors. And while 2023 was supposed to be the year for bonds, fixed income returns for most …
With Inflation Falling, Why Aren’t Treasury Yields Falling As Well?
For the second month in a row, CPI showed inflationary pressures were falling at a faster pace than economists’ estimates, which is undoubtedly good news. So why haven’t treasury yields followed?
Midyear Outlook 2023: The Path Toward Stability
Now that we are beyond the midpoint of the investing year, it is a great time to look at where we have been—in preparation for the latter half of the year.
Are Rates Too High? Too Low? Just Right? Depends on Who You Ask
Much has been made of the volatility in the bond markets this year. Over the past few months, Treasury yields have frequently moved 0.20% in a day—something that hasn’t happened in decades.
Who Is Right, Federal Reserve or Financial Markets?
Financial markets and the Federal Reserve are reading from two different playbooks. Who is right?
Dissecting Recent Bank Failures
Stock and bond market activity was materially shaken last week as Silicon Valley Bank, the California bank subsidiary of SVB Financial Group, fell into FDIC receivership.
Market, Stock, and Bond Lessons Learned from 2022
We believe accountability and modesty are among the keys to success in this business. In striving for those qualities, we have a tradition of starting off a new year with a lessons learned commentary.
When Doves Cry
It has been a painful week for those investors hoping for a shift toward dovish monetary policy with continuing hawkish shifts from the Fed.