Inflationary dynamics continue to surprise to the upside, and markets now expect the Fed to pursue one of its most aggressive rate hiking campaign in years. U.S. Treasury yields continue to move higher as well. We think we’ve seen the biggest moves higher in yields,...
U.S. Deficit Lower for Now U.S. Deficit Lower for Now The federal budget deficit dropped significantly in 2022 but is expected to rise over the next decade. More Details Retirement Savings in a Volatile Market Market volatility often prompts retirement investors to...
Federal Reserve Chairman Jay Powell reiterated his warning that getting inflation under control will require some pain. Powell is likely making these warnings based on the arcane, clunky relationship between inflation and unemployment. The key to getting the market...
The Markets (as of market close September 9, 2022) Are investors accepting the Federal Reserve’s hawkish path to reduce inflation? Last week’s market performance may lend credence to that possibility, as each of the benchmark indexes listed here posted...
Key changes from August report: Downgrading emerging market (EM) equities view from neutral to negative Upgrading industrials view to neutral from negative. Downgrading consumer staples view to negative from neutral. Stocks were unable to add to July’s gains as the...
