Insights

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Markets/Economy
October 4 2022
Monetary Policy .
Video Growth slowdown
October 4 2022

Numerous factors affect our outlook. 

September 30 2022
Markets/Economy .
Video Recession on the radar
September 30 2022

More warnings appear. 

October 3 2022
Equity .
Article Trouble in paradise
September 30 2022

Disasters all over have markets on edge.

September 27 2022
Equity .
Video Bundle up
September 27 2022

Investors may feel winter chill in Europe.

September 23 2022
Equity .
Article Ditto
September 23 2022

Fed Chair Powell reiterates hawkish Jackson Hole message.

September 30 2022
Equity .
Article There's no place like home
September 23 2022

Investors seeking shelter from stormy markets.

September 23 2022
Equity .
Video Bounce back
September 23 2022

Commodity based economies positioned to succeed.

September 19 2022
Markets/Economy .
Article Consumer spending slows
September 19 2022

Control results weak, but school shopping solid.

September 16 2022
Equity .
Article 70 is the new 50
September 16 2022

Amid this week's chaos, good vibes in visits to Atlanta and Nashville. 

September 13 2022
Equity .
Article She rocked those hats!
September 9 2022

Queen Elizabeth II was a constant in a world of turmoil. 

September 7 2022
Equity .
Article Will biotech's bounce last?
September 7 2022

There are reasons to think it might.

September 2 2022
Equity .
Article A slower pace
September 2 2022

Perhaps Wall Street can take a cue from Main Street and just chill.

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 29 2022
Inflation .
Infographic Dollar appreciation August 29 2022

The dollar has been on the rise. What’s the implication for U.S. investors?

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

Fed Chair uses Jackson Hole keynote to reset investor expectations. 

August 26 2022
Equity .
Article 'Now I understand why Dad was always in a bad mood'
August 26 2022

'70s stagflation made many people grumpy, which is why no one wants a repeat.

September 16 2022
Markets/Economy .
Article It can't burst if it's not a bubble
August 24 2022

The housing market slowdown is a correction, not a crisis.

September 6 2022
Equity .
Article Summer's almost over
August 22 2022

And with it, the rally in stocks is likely ending, too.

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

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

August 22 2022
Politics .
Article What will voters think of the Inflation Reduction Act?
August 16 2022

Their answers could play a big role in midterm elections.

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

A lot is riding on a Fed pivot.

August 11 2022
Fixed Income .
Video Risky business
August 11 2022

Quantitative tightening puts pressure on risk assets.

August 12 2022
Markets/Economy .
Article Political hot potato
August 9 2022

What will the White House do with student debt?

August 5 2022
Markets/Economy .
Article Good news is bad news
August 5 2022

Hot July jobs report keeps Fed on warpath against inflation.

August 5 2022
Markets/Economy .
White Paper 2022 Outlook update: Slowdown, not a meltdown August 5 2022

Ways to position for the market ahead.

September 6 2022
Inflation .
Article Against the wind
August 5 2022

Continuing rally hopes face structural inflation headwinds.

August 4 2022
Equity .
Podcast Revenge of the boring


August 4 2022

Seeking opportunities amid volatility.

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.

August 1 2022
Markets/Economy .
Article We're not in a recession...yet
July 29 2022

But high inflation and Fed tightening are taking us closer.

August 1 2022
Equity .
Article Wanna change the subject?
July 29 2022

Uncertainties casting doubt on the rally.

July 28 2022
Markets/Economy .
Infographic Used car prices are accelerating July 28 2022

How supply-chain issues have driven up values.

July 25 2022
Markets/Economy .
Article U.S. electric vehicle progress: more tortoise than hare?
July 25 2022

Battery technology, charging stations, safety and costs among key issues.

July 29 2022
Equity .
Article Thor versus Loki
July 22 2022

It's inflation versus recession with the Fed in the starring role.

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 15 2022
Markets/Economy .
Article Sizzling
July 15 2022

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

July 14 2022
Equity .
Podcast 40 years on Wall Street

July 14 2022

Investment and life lessons from Stephen Auth.

August 22 2022
Fixed Income .
Article Stay tuned, stay nimble
July 14 2022

After years of playing defense, it's time to think offense.

July 29 2022
Equity .
Article 'I mean, it's one banana. What could it cost? Ten dollars?'
July 14 2022

Inflation and recession face off as the market weighs which is worse.

July 11 2022
Markets/Economy .
Article June jobs report a mixed bag
July 8 2022

Fed on track for a 0.75% hike in late July.

July 8 2022
Equity .
Article Malaise
July 8 2022

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

July 6 2022
Equity .
Video Midterms and markets
July 6 2022

The real impacts come after the elections.

July 1 2022
Markets/Economy .
Article Worst equity returns in half a century
July 1 2022

And the storm might not be over.

July 1 2022
Equity .
Article The summer of our discontent
July 1 2022

Could it be setting investors up for a glorious winter?

June 29 2022
Equity .
Video Navigating rough terrain
June 29 2022

Where to turn when risk rates rise.

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.

August 1 2022
Equity .
Article Rocky landings easier to handle from a neutral corner
June 28 2022

Selling equities into rally as outlook for 'Rocky Landing' grows more likely.

July 14 2022
Equity .
Video Reasons for optimism
June 24 2022

Patience and diversification are key.

June 24 2022
Markets/Economy .
Article Collateral damage
June 24 2022

Fed policy shift should cool the housing market.

June 22 2022
Equity .
Video Conditions of uncertainty
June 22 2022

Dividends have withstood market volatility.

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

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

June 17 2022
Markets/Economy .
Article Power up
June 17 2022

Nuclear could see a resurgence as world turns to cleaner energy.

June 17 2022
Equity .
Article This too shall pass
June 17 2022

Markets are adjusting to the new Fed regime.

June 16 2022
Equity .
Video The usual suspects
June 15 2022

Dividend-paying sectors have remained steady through good times and bad.

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

Can the Fed negotiate a soft landing?

June 10 2022
Markets/Economy .
Article Passing the buck on inflation
June 10 2022

Consumer Price Index surges to a new 40-year high.

June 10 2022
Equity .
Article Genteel and a survivor
June 10 2022

Helpful qualities in a market that's distributing so much pain.

June 16 2022
Markets/Economy .
Video A return to dividends
June 9 2022

Investors seek to reduce risk.

June 3 2022
Equity .
Article I'm a glass half-full kind of girl
June 3 2022

Contradictory data offers something for optimists and pessimists.

June 6 2022
Markets/Economy .
Article Labor market begins to retrench
June 3 2022

Fed remains on track for more half-point hikes.

May 27 2022
Equity .
Article Are you a 'Have' or 'Have-not?'
May 27 2022

Consumers powered the recovery and markets. Will they hold up? 

May 26 2022
Markets/Economy .
Article Economic slowdown
May 26 2022

Stagflation and recession risks growing.

June 13 2022
Equity .
Article Stay strong, but defensive
May 26 2022

A near-term bottom may be in sight.

May 20 2022
Markets/Economy .
Article Solid 'Mapril' retail sales
May 23 2022

No recession on the immediate horizon.

May 23 2022
Equity .
Article Won't anyone go shopping with me?
May 20 2022

Consumers may hold the key to whether it's a recession or "softish" landing. 

May 16 2022
Markets/Economy .
Article Day late and a ruble short
May 16 2022

The U.S. should ramp up energy production.

May 13 2022
Equity .
Article Capitulation
May 13 2022

Cash tops shopping list but other possibilities starting to look promising.

May 26 2022
Equity .
Article Hold the fort
May 11 2022

Our bias is to add to risk. We’re just not there … yet.

June 1 2022
Fixed Income .
Article Excellent credit
May 11 2022

The asset-backed securities market continues to shine.

June 1 2022
International/Global .
Article Planting the seeds for Arab Spring 2.0
May 10 2022

War-driven food crisis could spawn destabilizing uprisings all over.

May 6 2022
Equity .
Article April jobs report a mixed bag
May 6 2022

Is the labor market slowing?

April 29 2022
Inflation .
Article Invest for inflation, not recession
April 29 2022

Unrelenting demand presents challenges as Fed seeks to unwind price pressures.

April 29 2022
Markets/Economy .
Article Ignore first-quarter GDP miss
April 29 2022

Fed still on track for a half-point hike.

May 11 2022
Equity .
Article Revisionist history
April 22 2022

Washington policies helped to create runaway inflation.

April 22 2022
Markets/Economy .
Infographic Future of the U.S. energy market April 18 2022

Demand for power continues to climb.

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

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

April 14 2022
Equity .
Article Persistent trumps peak
April 14 2022

Inflation that moderates but stays elevated can be a problem.

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 6 2022
Markets/Economy .
Infographic A seller's market? April 6 2022

High demand and low supply creates a fierce housing market.

April 25 2022
Fiscal Policy .
Video Quantitative tightening on the agenda in 2022
April 6 2022

The inflation genie is out of the bottle and the Fed will take action.

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 1 2022
Markets/Economy .
Article Labor market not slowing down
April 1 2022

Fed on pace for half-point hike in May.

April 4 2022
Equity .
Article Never wise to fight ...
April 1 2022

Russia-Ukraine conflict taking its toll.

April 11 2022
Markets/Economy .
Podcast Undeniably hawkish
April 1 2022

R.J. Gallo, Susan Hill and Phil Orlando weigh in on the latest Fed action and inflation expectations. 

April 5 2022
Ukraine Crisis .
Article 'Don't play Hearts with someone who doesn't know the rules'
March 28 2022

Still cautiously favoring equities as unpredictable Putin plays under his own rules. 

March 25 2022
Equity .
Article All of the above?
March 25 2022

The U.S. must pursue a dual-track energy policy.

March 22 2022
International/Global .
Article The 'Beijing put'
March 22 2022

Greenspan supported U.S. markets. Now it's President Xi Jinping's turn in China.

March 21 2022
Inflation .
Article '70s redux
March 22 2022

It may feel similar, but the differences are many.

March 20 2022
Markets/Economy .
Article Stocks greet Fed's hawkish turn with bullish embrace
March 18 2022

But is the equity rally a head fake?

March 18 2022
Equity .
Article Do you think the madness will end when March is over?
March 18 2022

Like the NCAA tourney, uncertainty reigns in markets.

April 29 2022
Markets/Economy .
Podcast The tortoise moves forward

March 16 2022

Facing inflation and other market headwinds, defensive dividend-paying stocks may offer some protection.

April 4 2022
Ukraine Crisis .
Article In support of Ukraine
March 11 2022

Federated Hermes stands on the side of freedom, independence and democracy.

March 11 2022
Ukraine Crisis .
Article 'The usuals' aren't calling
March 11 2022

Hard to call a bottom when investor fear is missing.

March 28 2022
Ukraine Crisis .
Article Revising our framework to incorporate Ukraine war
March 10 2022

Scenarios vary but on a 12-month view, stocks should be higher from here.

March 11 2022
Responsible Investing .
Article Change for the better
March 8 2022

Companies ignore the ESG movement at their own risk. 

March 7 2022
Equity .
Article Biotech down but far from out
March 8 2022

Health-care innovation continues to accelerate.

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

Ukraine, energy, inflation and Fed driving markets.

March 4 2022
Markets/Economy .
Article Labor market stays hot
March 4 2022

Second consecutive sharp gain puts Fed on track to hike.

March 10 2022
Ukraine Crisis .
Article Last weekend changed everything
March 2 2022

Germany's vow to ramp up military spending is a long-term game-changer

March 1 2022
Markets/Economy .
Infographic State of the consumer March 1 2022

Where is consumer spending going?

March 2 2022
Markets/Economy .
Article Will the Ukraine crisis keep the Fed in limbo?
February 28 2022

Remaking of the Fed’s board and rate hikes could be in flux.

February 25 2022
Equity .
Article Peak (fill in the blank)
February 25 2022

Is the market putting in a bottom on peak everything?

February 25 2022
Ukraine Crisis .
Article What's next for international equities?
February 24 2022

The Ukraine situation likely accelerates recent sell-off.

February 18 2022
Equity .
Article Stars aligning for Team Value
February 18 2022

Its offense (dividends) and defense (lower multiples) play well in current environment.

February 17 2022
Markets/Economy .
Article Gift cards power January retail sales
February 17 2022

Holiday sales were surprisingly robust

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 15 2022
Markets/Economy .
Article Information is the new oil
February 15 2022

Shortages shed light on role of microchips in unlocking information's value.

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

Fed must juggle inflation versus recession risks.

February 8 2022
Markets/Economy .
Article January Barometer sinks
February 9 2022

Midterm election years are particularly challenging.

February 4 2022
Equity .
Article Energy doesn't care
February 4 2022

The sector continues to lead through broader market turmoil.

February 4 2022
Markets/Economy .
Article Surprisingly strong jobs report
February 4 2022

The labor market ignored omicron and winter weather in January.

February 15 2022
Equity .
Article The path for growth investing hasn't changed
January 31 2022

Megatrends and secular shifts continue to create long-term opportunities.

January 28 2022
Equity .
Article The golden rule
January 28 2022

If there's no recession in sight, stay bullish.

January 28 2022
Markets/Economy .
Infographic The price of gold January 28 2022

What it costs to host the Olympics.

January 28 2022
Markets/Economy .
Article Inventory restocking boosts Q4 GDP
January 28 2022

The long wait is over.

January 21 2022
Equity .
Article Omicron soft patch
January 21 2022

Inflation spiking while job growth and consumer spending have slowed.

February 8 2022
2022 Outlook .
Podcast Themes to watch, forecasts and potential surprises January 21 2022

Our outlook across asset classes.

January 21 2022
Equity .
Article Profit margins, an oasis in volatile markets
January 21 2022

Fortune favors companies that can pass on cost increases.

February 1 2022
2022 Outlook .
Article High yield has more to give
January 20 2022

Ratings upgrades and rebounding economy create favorable backdrop.

January 12 2022
Fixed Income .
Article Local attractions
January 18 2022

Munis may hit bumps on the Fed's path but should have much to offer in 2022.

February 1 2022
Fixed Income .
Article 10 reasons inflation may stay elevated
January 18 2022

And if it does, the world becomes a more dangerous place for investors. 

January 14 2022
Equity .
Article The key risk
January 14 2022

It's all about inflation expectations.

July 25 2022
53198 .
White Paper 2022 Outlook: No time to hunker down January 13 2022

New year presents new opportunities across sectors.

January 12 2022
Markets/Economy .
Article Recovery from Covid-induced recession continues more slowly
January 12 2022

Three things to watch in 2022.

January 12 2022
Markets/Economy .
Article Batting .500
January 12 2022

Two early-year stock market indicators point in different directions.

January 7 2022
2022 Outlook .
Article 'It's going to be a volatile year'
January 7 2022

Fed tightening and evaporating fiscal stimulus should make for a bumpy road.

January 7 2022
Equity .
Article Another jobs disconnect
January 7 2022

Fed poised to hike rates in March

January 5 2022
2022 Outlook .
Infographic What's in store for 2022? January 5 2022

Federated Hermes' 2022 outlook.

January 4 2022
2022 Outlook .
Video Inflation indicators may be harbinger of strengthening economy
December 31 2021

Timing of Fed’s rate moves will impact bank-loan market.

January 4 2022
2022 Outlook .
Video Outlook on high-yield and loan markets
December 29 2021

We’re constructive based on several factors.

December 22 2021
Markets/Economy .
Article Good tidings for holiday spending
December 22 2021

Season is bright for retailers, despite headwinds.

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.

January 3 2022
2022 Outlook .
Article Volatility on the horizon
December 16 2021

Three things to watch in 2022.

March 11 2022
Responsible Investing .
Article Hazards of the glide path
December 16 2021

Passive target-date funds can be vulnerable to ESG risks.

January 3 2022
Consumer Spending .
Infographic What will make it home for the holidays? December 15 2021

Despite global supply chain issues, U.S. shoppers are spending more.

December 15 2021
Markets/Economy .
Video Opportunities in multi-asset, high-yield and bank-loan markets
December 15 2021

Several paths to pursue more yield in short-duration bonds.

January 3 2022
2022 Outlook .
Article Walking the tightrope
December 15 2021

Three things to watch in 2022.

December 10 2021
Markets/Economy .
Video Navigating rate pressure
December 10 2021

Shorter-duration investments are worth a look.

December 10 2021
Equity .
Article The boy who cried 'variant'
December 10 2021

Omicron is a nonevent for the markets.

December 9 2021
Markets/Economy .
Video Engagement in action

December 9 2021

Overcoming limitations of third-party data providers.

December 7 2021
Markets/Economy .
Article Passing the Covid baton
December 7 2021

The omicron variant is driving the markets now.

December 17 2021
Equity .
Article Market poised for Santa rally as near-term risks fade.
December 6 2021

Reiterating 4,800 and 5,300 '21 and '22 targets and value tilt

December 3 2021
Equity .
Article Revenge spend
December 3 2021

Americans using pocketbooks to fight back against Covid weariness.

December 3 2021
Markets/Economy .
Article A headscratcher
December 3 2021

The November jobs report's low headline number belies its internal strength. 

December 2 2021
Markets/Economy .
Video Integrating ESG factors in portfolio management

December 2 2021

Investment decisions require synthesis of many inputs

December 17 2021
Liquidity .
Article Continuity is critical
December 1 2021

Powell's nomination provides stability as uncertainty lingers.

November 26 2021
Equity .
Article Inflation not a conversation starter at my dinner table
November 24 2021

Lots to be thankful for amid the divisiveness.

November 23 2021
Equity .
Article Life is getting back to normal
November 23 2021

But Thanksgiving will be more expensive this year.

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.

December 6 2021
Equity .
Article Santa's got an 'everything rally' in his bag
November 19 2021

Earnings and solid fundamentals appear ready to spread some holiday cheer.

November 19 2021
Equity .
Article Election lessons learned
November 19 2021

Were off-year results a wake-up call?

November 16 2021
Fixed Income .
Article Resilient consumers put holiday bow on credit card ABS
November 16 2021

Robust spending and low delinquencies bode well for yields.

November 12 2021
Markets/Economy .
Article Threading the needle
November 12 2021

With inflation soaring and tapering starting, President Biden's choices for Fed seats are crucial.

November 12 2021
Equity .
Article Where are all the workers?
November 12 2021

It seems some may be earning plenty, for now, just trading crypto. 

November 9 2021
Markets/Economy .
Article Road work ahead
November 10 2021

The infrastructure bill benefits municipalities and muni investors alike.

March 11 2022
Markets/Economy .
Podcast Future-proofing for intergenerational wealth transfer

November 9 2021

Financial advisors need ESG fluency to connect with the next generation of inheritors.

November 5 2021
Equity .
Article Buy in November and HODL
November 5 2021

Popular meme seems perfect for this market.

November 5 2021
Markets/Economy .
Article Labor market rebounds
November 5 2021

Solid gains across the board in October.

November 3 2021
Markets/Economy .
Article Navigating fixed-income's roiling waters
November 3 2021

The case for an active approach to the short end of the bond market.

December 1 2021
Liquidity .
Article A familiar course
November 1 2021

The success of the Fed’s first taper gives us confidence it will work well again.

October 29 2021
Markets/Economy .
Article GDP's stunning slump
October 29 2021

We see a variety of reasons for the pullback in Q3 GDP growth.

October 29 2021
Equity .
Article How do you suppose they became billionaires?
October 29 2021

Market marches forward as Dems scale back.

October 22 2021
Equity .
Article The '70s. Good times, although...
October 22 2021

We could do without leisure suits (maybe) and stagflation (definitely).

October 22 2021
Markets/Economy .
Article Peak everything?
October 22 2021

Economy slows noticeably, while inflation remains elevated.

November 23 2021
Equity .
Article Lots to worry about ... fueling the bull forward
October 22 2021

Still room to run, with a tilt toward cyclical companies with pricing power. 

October 26 2021
Markets/Economy .
Infographic Electric-vehicle sales are soaring, driving changes in the market October 21 2021

Electric vehicles are becoming more popular, but changing the market with each purchase.

October 20 2021
Equity .
Article Attention holiday shoppers!
October 20 2021

Aisle 3 is already sold out and it’s only October.

October 15 2021
Equity .
Article Stagflation ... Pshaw!
October 15 2021

This is not the 1970s ... not even close.

October 15 2021
Markets/Economy .
Article Christmas in October?
October 15 2021

Ships that stole Christmas

November 10 2021
Fixed Income .
Article Maybe markets should forget about 'transitory'
October 14 2021

Stubbornly higher inflation doesn't mean the Fed's wrong ... yet.

November 5 2021
Fixed Income .
Article Chips are down but auto ABS opportunity is up
October 12 2021

Semiconductor shortage is an all-around positive for these asset-backed securities.

October 21 2021
Fixed Income .
Article Grinding it out
October 8 2021

Bond market plods ahead amid looming uncertainties.

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.

July 9 2021
Markets/Economy .
Video Dot plot surprises
July 9 2021

FOMC's unofficial projection suggests acceleration, but remains dovish

August 4 2021
Inflation .
Podcast Classic economics vs. new paradigm


July 2 2021

Our equity team discusses differing views on inflation.

DISCLOSURES

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