Research & News
Asset Allocation Quarterly (Second Quarter 2024)
by the Asset Allocation Committee | PDF Our forecast does not include a recession during the three-year period. The US economy is expected to be relatively strong throughout the forecast period. We expect heightened geopolitical tensions to persist as the deglobalization trend continues. Inflation is likely to remain higher due to structural forces such as… Read More »
Daily Comment (April 25, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Equities are taking a tumble early in the trading session as Meta’s earnings outlook dampens investor optimism. On the sports front, the Miami Heat have tied the series against the Boston Celtics. Today’s Comment explores why Treasury yields might face… Read More »
Daily Comment (April 24, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Stocks are surging on good news from Tesla. In the NHL, the Florida Panthers stole another victory, extending their series lead to 2-0 against the Tampa Bay Lightning. Today’s Comment examines how rising labor power could complicate the Federal Reserve’s… Read More »
Daily Comment (April 23, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Equities are off to a strong start as investors await earnings, and the Los Angeles Lakers fell 0-2 against the Denver Nuggets in the NBA playoffs. Today’s Comment kicks off with an examination of how TikTok is adding yet another… Read More »
Bi-Weekly Geopolitical Report – The Changing Face of War (April 22, 2024)
by Daniel Ortwerth, CFA | PDF If the United States were at war with another great power, would we know it? How would we know it? These questions might seem absurd but consider that the US has not fought a war against a major world power since 1945. Meanwhile, when the US has engaged in… Read More »
Daily Comment (April 22, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Our Comment today opens with a discussion of the big foreign aid bill passed by the House of Representatives over the weekend. We next review a wide range of other international and US developments with the potential to affect the financial markets… Read More »
Daily Comment (April 19, 2024)
by Patrick Fearon-Hernandez, CFA, and Thomas Wash [Posted: 9:30 AM EDT] | PDF Good morning! Equities are off to a great start following optimism that tensions in the Middle East might be easing. On the lighter side, NHL fans rejoice — the playoffs begin this Sunday! Today’s Comment examines the potential effects of rising interest… Read More »