One of the big stories of the year has been the lack of breadth in the performance of the US stock market. The so-called "magnificent 7" of Microsoft, Amazon, Apple, Google, Meta, Tesla and Nvidia [...]

Here are some things I think I am thinking about. 1) Is Inflation Dead? One of the main themes here this year was that the rate of inflation would gradually decline all year. And while [...]

Tuesday's CPI report was a huge relief for the Federal Reserve and their fight against inflation. Headline CPI came in at 3.2% and core inflation came in at 4%. Expectations were for modestly higher inflation. [...]

Here's our latest strategic update given recent changes for Q4 and beyond. To learn more about our investment management service please contact us here. Macroeconomic Overview Our macroeconomic forecast for 2023 called for a year [...]

To understand the transmission mechanism of Monetary Policy it can be helpful to understand how interest rates are set and how this filters thru the economy. My favorite analogy for understanding how interest rates are [...]

Here are three things I think I am thinking about. 1) Work is for jerks. There was a viral rant going around Twitter all week from a young lady who hates her 9-5 job and [...]

Q3 GDP came in at a boomy 4.9%. The chart at the right breaks down the contributions by component. The primary drivers were inventories and personal consumption at 1.3% and 2.69%. The inventory rebuild is [...]

Here are three things I think I am thinking about this weekend. 1) What's the best inflation hedge? There's always a lot of debate about what the best inflation hedge is. Is it gold, commodities, [...]

Mortgage rates officially hit 8% today. It's amazing considering mortgage rates were as low as 2.5% back in just 2020. But it isn't the high rate that is so alarming - it's the rate of [...]