Looking Beyond Q3 Earnings
11.2.2023 Third quarter 2023 marks the end of the earnings recession. The current quarterly earnings reporting season […]
The Fed vs the Wealth Effect
10.25.2023 Consumer spending continues to defy economists’ expectations against a backdrop of the highest interest rates we’ve […]
The Consumer Spending Foundation Is Cracking
10.4.2023 About a year and a half after the Federal Reserve embarked on the most aggressive tightening […]
Labor vs Capital: Battling for the Spoils of Innovation
9.20.2023 – In a free market, where investment and risk taking are rewarded, who’s entitled to productivity […]
Market Update – Confronting the Debt Maturity Wall of Worry
09.14.2023 The interest rate reset of 2022 weighed down stocks, bonds and virtually all other risk assets. […]
The Return of the IPO
08.30.2023 The tightening program started by the Fed in 2022 not only pressured stock and bonds, but […]
Power Shifts in the Energy Sector
8.16.2023 The energy market represents the complex confluence of fundamentals, geopolitics and public policy, as the world […]
Stocks vs Bonds: A One-Sided Argument No More
08.02.2023 In a span of 16 months, the Federal Reserve’s overnight rate has surged from zero to […]
Is it Time to Give REITs a Chance?
7.12.2023 Real estate has been a public market pariah thanks to the Fed and inflation. The benchmark […]
Moneyball Report 2023: Can Money Buy a Winning Team?
7.11.2023 Major League Baseball’s (MLB) All-Star break is here again. It’s the time of year time when […]
What Is Market Breadth Telling Us About Future Returns?
6.28.2023 Credit AI, or a technical bounce, 2023 has been a blockbuster year for a small handful […]
Taking the Pulse of Credit Conditions
06.07.2023 Liquidity – the availability of funds to borrow, spend and invest – is the lifeblood of […]
Is the Sun Rising Again in Japan?
05.24.2023 Japan is basking in the international spotlight. The country just played host to the G7 Summit, […]
Productivity Growth Generates ‘Free Lunch’ for Investors
05.11.2023 Inflation is a current that businesses and individuals are continually swimming against. If you swim faster […]
Bank Turmoil Exposes Commercial Real Estate Vulnerability
04.27.2023 Fourteen years of generously low interest rates ended when 2022 ushered in a new interest rate […]
Bear Stearns/2007 Déjà Vu: Is SVB Early Warning of Systemic Equity Market Selloff?
03.28.2023 The failure of Silicon Valley Bank a few weeks ago is eerily similar to the collapse […]