’46’ in ’21

Jack Ablin Market Commentary

Now that President-elect Biden has presumptively captured the White House, Americans in general and investors in particular are anticipating what 2021 might bring. Former Vice President Biden will be 78 …

The Biggest Financial Risk

Jack Ablin Market Commentary

Say what you will about the policy implications of the election, the most vital financial risk facing the markets is higher interest rates. Since the early 1980s, monetary policy has …

Sizing Up a Biden Economy

Jack Ablin Market Commentary

The S&P 500 posted a 3.8 per cent gain last week, its best weekly showing since July. Small-cap stocks, which are more sensitive to projected economic activity, surged 6.4 per …

Is it a Correction, or a Selloff?

Jack Ablin Market Commentary

Today’s market action reflects investors’ frustration with Congress’s inability to pass additional stimulus.  The implications surrounding Supreme Court Justice Ruth Bader Ginsberg’s death have the potential to capture the Senate’s …

Inside The Labor Market

Jack Ablin Market Commentary

Hope you had a great Labor Day weekend. Celebrating Labor Day prompted us to reflect on today’s labor market. Employers added 1.4 million jobs in August, according to last Friday’s …

Is inflation a real threat?

Jack Ablin Market Commentary

Inflation data released last week reawakened fears that the Federal Reserve’s massive monetary printing exercise could spark inflation. M2 money supply – a key inflation indicator that measures the total …