Insights

Explore Insights

Monetary Policy
December 5 2022
Monetary Policy .
Article Fed is getting what it wants for the holidays
December 6 2022

The U.S. economy is slowing across the board.

December 2 2022
Equity .
Article If you think that's Jerome playing Santa Claus ...
December 2 2022

You have to ask: is he here to hurt or help?

November 30 2022
Monetary Policy .
Article Just the facts
December 1 2022

FOMC voters must stick to the data to make their next decision on rates.

November 29 2022
Liquidity .
Video Slowdown, not throwdown
November 29 2022

Potential recession is likely to be mild.

November 23 2022
Fixed Income .
Video Survival mode
November 23 2022

Emerging markets stayed strong during rate hikes.

November 22 2022
Liquidity .
Video Back in style
November 22 2022

Securities are flowing back into the marketplace.

November 29 2022
Markets/Economy .
Article Resist the temptation
November 17 2022

Wide corporate bond spreads are enticing, but the time to add to credit sectors hasn't come yet.

November 7 2022
Markets/Economy .
Article October jobs report a mixed bag
November 7 2022

Solid week of employment data keeps Fed aggressive.

November 1 2022
Monetary Policy .
Article Not so fast
November 2 2022

Fed Chair Powell indicates the pace of hikes is not as crucial as arriving at the right place.

November 8 2022
Monetary Policy .
Article The good old days
October 31 2022

Money market yields have returned to pre-GFC levels.

October 21 2022
Markets/Economy .
Article Bird of prey
October 21 2022

Hawkish Fed prompts us to lower our GDP growth estimates.

October 4 2022
Monetary Policy .
Video Growth slowdown
October 4 2022

Numerous factors affect our outlook. 

October 24 2022
Monetary Policy .
Article D.I.Y.
October 3 2022

Fed projections are less useful these days.

September 21 2022
Monetary Policy .
Article Lighting the way
September 21 2022

With sharp increases in rates and projections, the Fed intends to guide the markets. 

September 12 2022
Monetary Policy .
Video Drops in a bucket
September 12 2022

Impacts on the liquidity markets may flow slowly.

September 7 2022
Inflation .
Video Mind the gap
September 7 2022

Monetary policy works with a lag.

September 2 2022
Monetary Policy .
Video The battle continues
September 2 2022

Fed rates expected to go longer and higher.

September 2 2022
Markets/Economy .
Article Mixed picture for August employment
September 2 2022

Relatively healthy jobs report keeps Fed hiking rates.

October 3 2022
Liquidity .
Article The place to be
September 1 2022

 Cash has become a compelling asset class.

August 26 2022
Monetary Policy .
Article Hawkish Powell roils markets
August 26 2022

Fed Chair uses Jackson Hole keynote to reset investor expectations. 

August 19 2022
Equity .
Article Chill in 'Emerald City'
August 19 2022

Bears and bulls facing off on what the Fed may do.

August 16 2022
Equity .
Article You've got to ask yourself one question
August 12 2022

A lot is riding on a Fed pivot.

September 1 2022
Liquidity .
Article See you in September
August 1 2022

Next month will mark a half-year of hikes, time enough to evaluate their impact.

November 8 2022
Markets/Economy .
Article We're not in a recession...yet
July 29 2022

But high inflation and Fed tightening are taking us closer.

July 27 2022
Monetary Policy .
Article Another big swing
July 27 2022

The Fed raises interest rates by 0.75% for the second month in a row.

July 22 2022
Monetary Policy .
Article Hawkish Fed argues for keeping defense on the field
July 21 2022

Rising recession risk favors defensive dividend stocks, cash and Treasuries.

July 19 2022
Fixed Income .
Video An open book
July 19 2022

Investors may anticipate Fed actions.

July 15 2022
Markets/Economy .
Article Sizzling
July 15 2022

Hot inflation, stagflation concerns, recession fears and a hawkish Fed.

August 5 2022
Monetary Policy .
Article One to one
July 13 2022

Three reasons the dollar has reached parity with the euro. 

July 12 2022
Equity .
Video Balancing act
July 12 2022

Finding opportunities in a rising-rate environment. 

July 8 2022
Equity .
Article Malaise
July 8 2022

Markets might be setting up for '70s' era modest returns.

July 1 2022
Liquidity .
Article Perpetual motion
July 1 2022

The Fed’s willingness to shift on volatile data makes rate expectations difficult.

June 28 2022
Markets/Economy .
Article Spend or Save?
June 28 2022

Consumers will play a large role in determining the depth of the global recession.

June 13 2022
Responsible Investing .
Article The ESG dual mandate
June 22 2022

What do the Fed and impact investing have in common?

June 23 2022
Inflation .
Article There will be pain
June 22 2022

Unfortunately for workers, wage inflation at heart of Fed tightening.

June 15 2022
Monetary Policy .
Article Since you offered
June 15 2022

The market’s late shift in expectations gave the Fed the opportunity for a 0.75% hike.

June 13 2022
Inflation .
Video Dousing the inflation fire
June 13 2022

Can the Fed negotiate a soft landing?

June 10 2022
Active Management .
Article Defense still rules in this market
June 10 2022

Fed should give investors no reason to stray from short-duration, value strategies.

June 3 2022
Monetary Policy .
Video Great expectations
June 3 2022

Watch for maximum hawkishness from the Fed.

June 28 2022
Liquidity .
Article Ear to the ground
June 1 2022

The Fed must rely on the data and not its policy framework to curb inflation.

May 6 2022
Monetary Policy .
Article Driving the point home
May 4 2022

With a 50 basis-point hike, the Fed hopes to stick it to inflation. 

May 2 2022
Liquidity .
Article The table is set
May 2 2022

The Fed rate cycle and the SEC money fund reform process are ready to begin in earnest.

April 28 2022
Monetary Policy .
Article Investors should stay defensive if the Fed follows its rhetoric
April 28 2022

More rate hikes would favor cash, floating-rate securities and value stocks.

May 13 2022
Interest Rates .
Article Federal Open Mouth Committee
April 26 2022

The Fed's abundant messaging has the market doing its work for it.

April 22 2022
Markets/Economy .
Article Dominos falling
April 14 2022

Russia’s invasion, higher energy costs, soaring inflation, hawkish Fed…

April 13 2022
Inflation .
Video Throwing in the towel on transitory
April 13 2022

Inflation likely to peak in 2022. 

May 10 2022
Fixed Income .
Article Mosaic of uncertainties merits caution
April 11 2022

Bonds wrestle with pricing Fed, war and inflation outcomes.  

April 8 2022
Equity .
Article The Fed WILL succeed
April 8 2022

The only question for investors: at what cost?

April 26 2022
Markets/Economy .
Article Is the equity head fake over?
April 7 2022

A host of negative factors could end the recent rally.

April 25 2022
Equity .
Article Call us 'cautious bulls'
April 5 2022

Year-end S&P forecasts for 2022 and 2023 lowered to 4,800 and 5,100.

April 7 2022
Liquidity .
Article Balancing expectations
April 1 2022

The Treasury yield curve isn't matching the futures market’s view of rate hikes.

March 18 2022
Monetary Policy .
Article Fed takeaway: yields are heading higher
March 17 2022

Policymakers don't want to undo 40 years of restrained inflation expectations.

April 4 2022
Monetary Policy .
Article An aggressive Fed
March 16 2022

The Fed hiked rates and put inflation on notice with hawkish projections.

March 17 2022
Ukraine Crisis .
Article Geopolitical risks
March 7 2022

Ukraine, energy, inflation and Fed driving markets.

October 20 2022
Monetary Policy .
Article Rates' projected path looms large
March 1 2022

The FOMC 'dot plot' will be as important as an actual hike.

March 7 2022
Ukraine Crisis .
Article Conflict may slow Fed's plans
February 24 2022

The crisis in Ukraine likely takes a 50 basis-point hike in March off the table. 

February 24 2022
Equity .
Article 'Good news,' 'Bad news' and 'Not news'
February 15 2022

A better back-half looms for equity investors. Getting there could be rocky.

February 11 2022
Equity .
Article Walking a tightrope
February 11 2022

Fed must juggle inflation versus recession risks.

February 24 2022
Monetary Policy .
Article Ready, set...
February 1 2022

Rate normalization is almost a go.

April 7 2022
Monetary Policy .
Article A hawkish clarification
January 26 2022

The Fed didn't raise rates today, but Chair Powell let the markets know it's coming.

February 8 2022
53198 .
Article Onward and upward
January 3 2022

Three things to watch in 2022.

December 17 2021
Equity .
Article Do you suppose Santa is wearing a mask?
December 17 2021

Omicron is weighing on psyches, but not so much markets ... yet.

December 15 2021
Monetary Policy .
Article Acceleration
December 15 2021

The Fed increases the pace of taper and expectations for rate hikes.

December 17 2021
Equity .
Article There's a reason it's called the 'Wall of Worry'
November 22 2021

Market risks stay skewed to upside but inflation and possible policy errors lurk.

September 3 2021
Markets/Economy .
Podcast Bread crumbs


September 3 2021

Our equity team examines the Fed’s clues to forecast when tapering will begin.

DISCLOSURES

2848197615