International investments have turned positive for the year relative to U.S. equities. It’s been a long wait for foreign assets to provide reasonable returns
Economic Cycles
A Balanced View
Investing requires adopting a perspective that focuses on both top-down analysis combined with bottom-up assessment of individual
There is a more cautious view that is slowing the Federal Reserve’s rate policy actions to lower interest rates. This perspective is held by a number of Fed
Recently installed Fed governor Stephen Miran outlined his case for why he believes interest rates should fall significantly from current levels. While this
With the Federal Reserve meeting coming up soon, many investors anticipate the Fed will cut rates; we agree.
With the recent softness in the labor market, we
With the Federal Reserve meeting coming up soon, many investors anticipate the Fed will cut rates; we agree.
With the recent softness in the labor market, we
Recent headlines have suggested that tariffs being charged to companies importing goods into the United States, will result in a drawdown of the US deficit. To
President Trump's termination of the Federal Reserve governor is causing great concern in the financial markets. The reason for the anxiety is that the Federal
More and more we consider the possibility of stagflation. While there is still not enough data to draw any strong conclusions, we are concerned that tariffs
Headlines!
The headlines blare that tariffs are creating economic uncertainty. Inflation is coming. The next day deflation is coming. Tax policy will drive
It's fair to say that there is tremendous economic uncertainty created by tariffs, direction of interest rates, and various other dramas impacting the economy
Investors have been breathing a sigh of relief as tariffs seem to be getting resolved country by country. Well, I'm afraid we will need to continue to hold our
