The Economy and the Markets Fourth Quarter 2020
While markets seem fully priced and even overvalued by normal standards, the stage is set for good economic growth in the coming year. We believe now is a good time maintain investment discipline.
The Economy and the Markets Third Quarter 2020
Despite the unwelcome return of volatility which saw the S&P 500 decline almost 10% from its early September peak, markets ended up for the quarter.
The Economy and the Markets | Second Quarter 2020
As the pandemic raced across the globe, economies came to a halt one by one, triggering a severe global recession.
The Economy and the Markets | First quarter 2020
Risk Off! Last quarter, we wondered whether the market had gotten ahead of itself. While we knew that good times were destined to end, we couldn’t identify the catalyst
The Economy and the Markets | Fourth quarter 2019
Risk on! Returns across asset classes were almost universally positive in 2019, a stark contrast to the story of 2018.
The Economy and the Markets | Third quarter 2019
Inflation expectations softened, and growth projections barely budged. This raised concern that conventional policies may be less effective this time around.
The Economy and the Markets | Second quarter 2019
Strong labor markets and a near record expansion are facing off against persistently weak inflation, decelerating growth, and a possible earnings recession.
The Economy and the Markets | First quarter 2019
Economic growth in the U.S. has slowed more than we expected, but the ingredients for a recession are not in place.
The Economy and the Markets | Fourth quarter 2018
The robust U.S. economy showed signs of fatigue after coming off the third quarter’s exceptionally strong 3.5 percent growth rate.
The Economy and the Markets Fourth Quarter 2020
While markets seem fully priced and even overvalued by normal standards, the stage is set for good economic growth in the coming year. We believe now is a good time maintain investment discipline.
The Economy and the Markets Third Quarter 2020
Despite the unwelcome return of volatility which saw the S&P 500 decline almost 10% from its early September peak, markets ended up for the quarter.
The Economy and the Markets | Second Quarter 2020
As the pandemic raced across the globe, economies came to a halt one by one, triggering a severe global recession.
The Economy and the Markets | First quarter 2020
Risk Off! Last quarter, we wondered whether the market had gotten ahead of itself. While we knew that good times were destined to end, we couldn’t identify the catalyst
The Economy and the Markets | Fourth quarter 2019
Risk on! Returns across asset classes were almost universally positive in 2019, a stark contrast to the story of 2018.
The Economy and the Markets | Third quarter 2019
Inflation expectations softened, and growth projections barely budged. This raised concern that conventional policies may be less effective this time around.
The Economy and the Markets | Second quarter 2019
Strong labor markets and a near record expansion are facing off against persistently weak inflation, decelerating growth, and a possible earnings recession.
The Economy and the Markets | First quarter 2019
Economic growth in the U.S. has slowed more than we expected, but the ingredients for a recession are not in place.
The Economy and the Markets | Fourth quarter 2018
The robust U.S. economy showed signs of fatigue after coming off the third quarter’s exceptionally strong 3.5 percent growth rate.