Insights

Usage of the Fed’s Reverse Repo Program keeps growing.

Low supply across many sectors impaired GDP growth.

Valuations suggest it's time to consider dividend stocks.

While curtailing bond purchases were discussed, the FOMC today offered little additional insight.

Bond markets can look to precedent for reassurance

A higher-price regime can offer benefits.

Inflation is accelerating and constantly changing.

With recession over, it's time to pare fiscal and monetary stimulus.

Seasonality and uncertainties are lurking.

Inflation not completely transitory, but won’t trigger a tantrum

Where to look when anticipating inflation

Improving credit dynamics and rising demand make for solid 1-2 punch.

It's easy money all over despite rising inflation.

Inflation, debt ceiling, Covid-19 and politics are among the reasons. 

The Chair's trip to Capitol Hill showed just how patient the Fed intends to be.

Short-term rates more tied to monetary policy than long-term rates

There are reasons it doesn't feel like a market on a roll.

FOMC's unofficial projection suggests acceleration, but remains dovish

The impact of the U.S. census on midterm elections and spending. 

But underlying metrics are mixed.

Equity market's new highs mask issues lurking underneath.

The Fed finally raised the overnight reverse repo rate.

Red-hot housing exposes a growing divide between buyers and builders.

A lot, perhaps. But the bipartisan package has to clear Congress first.

Americans are eager to resume pre-pandemic vacation habits...with a few changes.

Goings-on in the sausage factory aren't bothering the markets.

As the central bank awakens to inflation risks, our policy-error fear fades.

What should investors do?

After Covid, revising immigration policy is urgent.

America's back and the troubles are (arguably) fleeting ... in the nearer term.

Quality cyclicals and dividend growers may be attractive options.

The Fed's slight adjustments to overnight rates should have a big impact.

But what creates and drives it is what matters for the markets.

Supply and demand in the oil market contributing to inflation.

Yes, but it’s not necessarily a bad thing.

Why we think this cycle is different.

They continue to confound as growth surges and prices accelerate.

For now, the bull is fine. But we're monitoring for potential longer-term health issues.

Unprecedented global economic conditions may skew monthly numbers.

The labor market recovery is tantalizingly close, but not here yet.

The unelected, nonpartisan Senate parliamentarian may be the most important person in D.C.

Should the Fed be more concerned?

Divesting means losing your voice for change. 

The Fed's view of 'transitory' might be too long.

Why are bond yields range-bound?

The U.S. economy has the wind at its back.

One day, we must pay the piper.

The recovery is coming to Europe. Latin America may be next.

Prices might be stickier than the Fed thinks.

The strongest growth in 37 years should propel earnings higher.

Perhaps a market hung up on stimulus should appreciate what it has.

While its performance is currently on pause, this sector's innovation is unstoppable.

Asset class continues to offer investors favorable relative returns.

And ready to run with the recovery.

Higher rates represent potential headwinds for markets and the economy.

A slower recovery could make for a longer one, too.

Covid-19 accelerated shifts to online shopping in 2020.

April’s unexpectedly large jump in CPI adds to worries higher inflation may stick around.

Generous emergency benefits, seasonal quirks likely behind big April jobs miss.

We're about to find out as the fiscal and monetary spigots keep pouring.

As vaccine rollout accelerates, the service sector should benefit.

A decade of disinvestment is causing affordability issues, not rampant speculation.

It's time for the Fed to raise overnight rates.

Might political realities trip up Biden's massive agenda?

Driven by stimulus and vaccines, the U.S. economy soared in the first quarter. 

The municipal bond market stands to benefit from many of its components.

Though the environment has shifted dramatically, security selection again comes to the fore.

The FOMC didn't budge on policy or alleviate pressure in the overnight market.

Shopping for responsible asset management

The debate on taxes has just begun.

Higher taxes should be good for higher value municipal bonds.

A bear's gonna worry but the underlying story still bullish.

What’s the impact of new stimulus on the market and consumer?

Federated Hermes international investing professionals weigh in on opportunities ahead.

The juggernaut U.S. economy is pointed in the right direction with engines pumping.

Despite staggering loss and ongoing challenges, the light at the end of the tunnel illuminates surprising environmental impact.

New stimulus should be a tailwind for relative performance.

It continues to be the issue consensus is worried about.

Because conditions and history suggest it has further to run.

What if Biden gets most all of what he wants? Is the market ready?

EVs, biotech and e-commerce in emerging markets exemplify broadening global innovation.

Will production boosts by OPEC and company pay off?

As 2022 comes into focus, room for upside remains but stock picking will be key.

Rate strategies lead the way for bonds in challenging first quarter.

There's only so much innovation can do as accelerating growth drives up demand.

March blowout a sign of better things to come.

Taxes are one of them. Increases to fund infrastructure could prove disruptive.

Liquidity investors have lots to consider, but nothing as pressing as it might seem.

Luxury goods, spirits and renewable energy present opportunities.

A highly successful NFL coach sets an investing example, too.

 Unchecked inflation could put the squeeze on the economy.

Diversification, inefficiencies and growth make the asset class an attractive play any time.

A rather boring few weeks in the market might be leading to a boom.

A company's risk profile must include its approach to data protection.

A strengthening economy should smooth rising-rate headwinds.

Rising yields mean different things for different sectors of the market.

The $1.9 trillion stimulus bill is too large and not targeted well.

2022 outlook extremely positive despite temporary indigestion from rising yields.

It sure seems as if our world is moving toward MMT.

Why we like small cap, cyclical value, international and dividend stocks.

5 reasons to invest internationally.

And broader markets are not sounding alarms.

The FOMC observed the economy is improving, but left it at that.  

The strong rebound in GDP could power the S&P to 4,500 by year-end.

Investing responsibly in a volatile world.

Yields are rising for the right reasons.

The faster we get vaccinations done, the faster we recover.

A recovering U.S. and ‘modestly’ growing China are good for the EM and everyone.

A steady Fed leaves worries about inflation and yields to the market.

Accommodative policy and pent-up consumer demand suggest economic snapback looms.

Reasons why global markets are poised to outpace the U.S. this year.

Leisure & hospitality led the comeback.

When it comes to wealth, careers and financial decision-making, women are the future.

Minimum wage is too low, but strategy to raise it should be bipartisan.

Short on days, February was long on anxiety for some.

Now it's the Senate's turn to shape the Covid relief bill.

There may be tiny bubbles but this is not the year 2000.

Powell reaffirms commitment to easy money policies to support still-young recovery.

As non-physical assets grow in importance, so do the role of ESG standards.

They don't see inflation tripping up the economy anytime soon.

They played an outsized role in 2020 holiday retail spending.

And that's just another reason the setup for stocks remains strong.

SEC focuses on how companies deal with arguably their greatest assets—their people.

There’s a healthy spread of deals across the globe.

Inflation shouldn't be disruptive this year, but watch for surprises to the upside.

A return to normalcy and opportunities.

And because it's consensus, it may not be that big a worry.

Ongoing monetary, fiscal support amid emerging recovery make for a challenging search.

Normalizing economic activity and wide-open fiscal and monetary spigots should lift prices higher.

History suggests a rotation from ‘growth’ may be at hand.

The Reddit rebellion forces an adjustment to the January Barometer.

The weakness gives President Biden more clout for new stimulus.

As perception catches up with reality, add another catalyst to the fire.

A patient Fed means first pullback in asset purchases unlikely until 2022.

To necessities for some; to savings for others.

Federated Hermes adds to stock-bond model equity overweight.

Accelerated digitization was just the beginning.

The transition to SOFR is picking up steam.

Housing, corporate spending and inventory restocking led the way.

Frothy pockets popping up but it's too early to cut back equity overweight.

A Democratic White House and Congress should feed fiscal expansion.

Municipal credit quality should improve as the economy recovers.

Excess euphoria? Politics? Inflation? Always good to ponder.

German elections, recovery and, finally, an end to Brexit saga.

How Covid is spawning changes and accelerating trends in the sector.

Is it too early to talk about midterm elections?

Headwinds persist, but we forecast healthy 5.3% GDP growth in 2021.

Will rising inflation and bond yields spoil the party?

A strong cyclical recovery should cause politics to take a back seat this year.

A year of “unprecedenteds” sets stage for an unexpectedly strong move higher in stocks.

Three things to watch in 2021.

We’re positioned for “risk on” but worry most everyone else is too.

Yet the 'January Barometer' suggests 2021 could be positive for equities.

Covid-19 surge and delay in stimulus led to first decline in jobs in eight months. 

Market conditions look unusually positive for the new year.

Market melt-ups can last a long time.

Three things to watch in 2021.

With the slimmest of margins, Democrats will have to compromise.

Three things to watch in 2021.

The new year revives old optimism.

Widespread vaccinations and a Biden presidency are among major market movers to watch.

Three things to watch in 2021.

Three things to watch in 2021.

Three things to watch in 2021.

What were the best and worst things to happen to liquidity markets this year?

Catalysts lining up for promising year ahead.

Congress' delay in reaching a new fiscal stimulus deal has hurt consumer spending.

Supply in short-term markets, vaccine distribution and President-elect Biden’s impact on liquidity markets.

It's not just Santa that has the market in a holiday mood.

Federated Hermes adds equity exposure, sets 4,500 and 5,000 targets for S&P 500 in 2021 and 2022.

Perhaps due to fiscal stimulus talks, the FOMC meeting was quiet.

It's a 'heads I win, tails I win' setup for 2021.

What might the markets do as we all hunker down?

We continue to think the S&P will reach 3,800 this year and 4,200 in 2021.

2021 risks are far more to the upside than downside.

As Wall Street searches for worries, stocks keep climbing.

Lawmakers deserve coal in their stockings for not passing a new stimulus bill.

Gene-editing tools may transform approaches to human disease

The Federal Reserve’s tussle with the White House was something to behold.

Emerging markets will benefit from U.S. dollar weakness