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Monetary Policy
October 21 2021
Fixed Income . Inflation .
Article Grinding it out
October 8 2021

Bond market plods ahead amid looming uncertainties.

October 20 2021
Liquidity . Politics .
Article Capitol expenditures
October 1 2021

The drama over the debt ceiling is a waste of time and energy.

October 13 2021
Monetary Policy . Liquidity .
Article Servicing the debt
September 27 2021

Investment managers, the finance industry and the Fed have contingencies for the debt ceiling drama.

September 22 2021
Monetary Policy . Interest Rates .
Article A hawkish Fed tilt
September 22 2021

Taper may start in November, with first rate hike by late next year.

October 20 2021
Equity . Markets/Economy .
Article Correction odds rise but long-term outlook strong
September 20 2021

A near-term pullback could represent an opportunity for long-term investors.

September 20 2021
Markets/Economy . Equity .
Article Should he stay or should he go?
September 17 2021

Biden’s decision on Powell and others risks market volatility

September 16 2021
Equity . Politics .
Article Delays ... don't you hate them?
September 16 2021

Dem plans for corporate tax hikes look favorable but there's a ways to go. 

September 3 2021
Markets/Economy . Interest Rates .
Podcast Bread crumbs


September 3 2021

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

September 22 2021
Liquidity . Monetary Policy .
Article No surprises this time
August 31 2021

Fed Chair Powell stuck to the script at the central bank symposium.

August 6 2021
Markets/Economy . Equity .
Article Great jobs headline, but ...
August 6 2021

Uncertainties linger when you dig into the weeds.

September 3 2021
Equity . Monetary Policy .
Article Heads I win, tails I win
August 4 2021

Uncertainties and vacations may feed volatility but bull trend carries on.

July 30 2021
Liquidity . Monetary Policy .
Article Looking like a trillion bucks
July 30 2021

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

July 29 2021
Monetary Policy . Fixed Income .
Article Talking taper, but not much else
July 28 2021

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

July 16 2021
Equity . Inflation .
Article Unprecedented unprecedented
July 16 2021

It's easy money all over despite rising inflation.

July 15 2021
Monetary Policy . Inflation .
Article Powell calm despite inflation storm
July 15 2021

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

August 4 2021
Equity . Markets/Economy .
Article Good news for secular bull: fundamentals on a stampede
July 14 2021

Policy errors and Fed could pose problems later but it’s full steam ahead for now.

July 14 2021
Interest Rates . Markets/Economy .
Video Explaining interest rates’ mysterious reaction to Fed policy  
July 14 2021

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

August 4 2021
Inflation . Fixed Income .
Article It better be transitory
July 13 2021

Bond market is priced, somewhat, for the Fed to get inflation right.

July 14 2021
Liquidity . Monetary Policy .
Article About time
July 1 2021

The Fed finally raised the overnight reverse repo rate.

June 23 2021
Inflation . Equity .
Article Secular bull outlook improves as the Fed begins to think again
June 22 2021

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

June 18 2021
Inflation . Equity .
Article Rocking my Jimmy Choo's and I spy the punch bowl
June 18 2021

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

June 16 2021
Interest Rates . Monetary Policy .
Article No small matter
June 16 2021

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

June 11 2021
Inflation . Equity .
Article Inflation is always and everywhere ...
June 11 2021

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

July 9 2021
Inflation . Interest Rates .
Article What's (not) up with long-term yields?
June 8 2021

They continue to confound as growth surges and prices accelerate.

June 22 2021
Equity . Inflation .
Article Free lunches, policy errors and the secular bull
June 4 2021

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

June 21 2021
Liquidity . Inflation .
Article A temporary dilemma
June 1 2021

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

May 28 2021
Inflation . Equity .
Article If inflation is such a problem ...
May 28 2021

Why are bond yields range-bound?

May 28 2021
Monetary Policy . Interest Rates .
Video MMT’s impact on the dollar
May 28 2021

One day, we must pay the piper.

June 8 2021
Equity . Inflation .
Article What have you done for me lately?
May 21 2021

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

May 21 2021
Equity . Inflation .
Article Can there be a free lunch?
May 7 2021

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

May 24 2021
Markets/Economy . Fixed Income .
Article Housing is not in a bubble
May 4 2021

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

June 21 2021
Liquidity . Monetary Policy .
Article Not so smooth
May 3 2021

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

June 21 2021
Monetary Policy . Liquidity .
Article Stubborn Fed
April 28 2021

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

May 21 2021
Equity . Inflation .
Article Got to talk about inflation again, sorry
April 16 2021

It continues to be the issue consensus is worried about.

April 23 2021
Fixed Income . Interest Rates .
Article There's more than one way to generate alpha
April 7 2021

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

June 21 2021
Liquidity . Monetary Policy .
Article Questions, questions
April 1 2021

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

May 11 2021
Liquidity . Monetary Policy .
Article Just looking
March 17 2021

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

March 29 2021
International/Global . Markets/Economy .
Article It's a twofer
March 10 2021

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

May 11 2021
Liquidity . Markets/Economy .
Article Worry list
March 1 2021

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

March 16 2021
Interest Rates . Monetary Policy .
Article Rates rising for 'good reasons' but don't fight the Fed
February 25 2021

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

February 5 2021
Fixed Income . 2021 Outlook .
Video Too early to worry about a taper tantrum
February 5 2021

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

May 11 2021
Liquidity . Markets/Economy .
Article The rise of a rate
February 1 2021

The transition to SOFR is picking up steam.

May 11 2021
Liquidity . 43863 .
Article Looking forward to 2021
January 4 2021

The new year revives old optimism.

December 28 2020
2021 Outlook . Equity .
Article Easy money
December 28 2020

Three things to watch in 2021.

December 16 2020
Monetary Policy . Liquidity .
Article See you next year
December 16 2020

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

December 1 2020
Liquidity . Monetary Policy .
Article Fighting the Fed
December 1 2020

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

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