Market Commentary | August 28, 2023
Becalmed. The Chinese government’s zero-COVID policy took the wind from the sails of its economy. When the government finally ended the policy earlier this year,
Becalmed. The Chinese government’s zero-COVID policy took the wind from the sails of its economy. When the government finally ended the policy earlier this year,
Higher bond yields may be good for income investors – and not so good for stock markets. After more than a decade of near-zero interest
Consumer sentiment is a lagging indicator. It’s also a contrarian indicator. After rising sharply in June and July, consumer sentiment leveled off this month. The
An unwelcome surprise. Last week, Fitch Ratings startled markets by lowering the credit rating of United States Treasuries from AAA to AA+. It was the
Did you know that 40% of workers today plan to move to a different city or region after they retire?1 This underscores a trend of retirees
Mortgage rates have been rising steeply since 2021 and are now commonly found in the neighborhood of 7%. This is significant as you might remember
Central bank palooza! While music lovers attended concerts and festivals across the United States, central banks had a lollapalooza of their own. The U.S. Federal
Better than expected. In January of this year, the Bloomberg’s MLIV Pulse survey collected and shared investors’ expectations for stock markets. Survey participants were generally
Disinflation was in the air! To the great relief of the Federal Reserve, the American economy has been experiencing “disinflation,” which is a slowdown in
Markets are playing Federal Reserve (Fed) Clue. Last week, investors parsed the monthly Employment Situation Summary from the Bureau of Labor Statistics for clues about