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. ...
Risks and Opportunities In The Year Ahead
NEW YORK, January 2, 2024: During the holidays, as I was going through old boxes in my garage, I discovered a treasure trove of...
Market Pricing Anticipates a Global Soft Landing
NEW YORK, December 4, 2023: Global stock markets recorded their best month in three years on hopes for interest rate cuts. ...
Expected Cumulative Defaults Up Sharply
NEW YORK, November 2, 2023: Markets continued to retreat in October, with a focus on the Federal Reserve and global geopolitical...
Year-to-Date Update: Where Are We Heading Now?
NEW YORK, October 3, 2023: Markets continued to back off in September, with all three major U.S. indexes logging declines....