NEW YORK: January 6, 2025: The new year is a time to be thankful for the past 12 months and wish friends, family, and colleagues...
Dealing with Structural Evolution
Dealing with Structural Evolution NEW YORK: December 2, 2024: Equity markets have been behaving as if U.S. economic growth is...
Economic Trick or Treat?
NEW YORK: November 4,2024: Economic headlines—including those about employment, inflation, and the stock market--have been...
The Abrupt End of an Era
NEW YORK: October 1, 2024: September 2024 was a month for the history books. The Fed started its long-anticipated easing cycle...
Reflections on Jackson Hole
NEW YORK: Sept. 3, 2024: Jackson Hole, Wyoming is a place of great beauty, as well as the site of the annual policy symposium...
Emotion, Momentum and the Markets
NEW YORK, August 2, 2024: July has been quite a month. The Democrats selected a new candidate for president, former Federal...
The Great Bifurcation Continues
NEW YORK, July 2, 2024: Markets ended in the black this quarter, with the S&P 500 up 4% for the quarter and 15.29%...
In Times of Disruption, Focus on Fundamentals
NEW YORK, June 3, 2024: While markets continue to focus on inflation and anticipating the Federal Reserve’s next moves on...
Investors at a Crossroads
NEW YORK, May 2, 2024: Inflation numbers created anxiety about the future Fed actions and questions about the soft-landing...
Follow the Cash
NEW YORK, April 2, 2024: Global markets posted gains in the first quarter, with U.S. markets leading the way. While uncertainty...
Market Confidence or Complacency?
NEW YORK, March 4, 2024: To the readers of our monthly credit conditions report: We are changing our approach and format. ...
Navigating Uncertainty
NEW YORK, February 2, 2024: Markets continue to focus on interest rates and the timing of the Federal Reserve in cutting them. ...