ECONOMY inflation
Consumer prices rose in 2019 at the fastest pace in eight years.
BONDS inflation
We believe a sharp repricing in government bonds is coming.
BONDS economy inflation
Pandemics have a way of shifting the course of history, and not always in a manner immediately evident. We’ve crossed some chasm by directly giving money to people.
MACRO Politics climate china us inflation
Five major themes will underpin the “twenties”: balanced multipolarity, generational conflict, China’s introspection, atoms over bits, and climate change as an investment thesis.
ECONOMY FED inflation
Everything we see at a micro level points to a more subdued inflation outlook than a durable shift above target in the inflation trend.
STOCKS FLOWS valuations inflation
Inflation and interest rates sensitivity for stocks is modest at this point. The balance of valuation support and earnings growth supports higher stock prices.
ECONOMY FED inflation stocks
Under the compulsions of a new cultural milieu, it will take years for the Fed to meet their broad-based and inclusive employment goals.
ECONOMY fed inflation
The Fed did not abort the Great Inflation because it was caught up in the philosophical and political currents that were transforming American life and culture.
MACRO climate commodities inflation
Now that climate change has become a political and economic priority, the global race to zero emissions is the investment zeitgeist for this decade.
ECONOMY inflation productivity
Some believe the 2020s could be the decade when workers reclaim the reins of power. The data contradicts this.
STOCKS inflation
Investors are underestimating the adeptness of the US corporate sector to grow profits despite acute labor shortages and supply-chain stress.
POLICY economy inflation dollar
We’re bullish on gold. It is an essential asset to own as a hedge against dollar weakness and a drop in risk assets.
BONDS inflation economy stocks
A 1.5 percent yield on the 10-year Treasury in a time of rapidly accelerating inflation. Is there anything more perplexing?
SLACK fed inflation stocks
We continue the conversation daily in our members-only Slack group. Here’s a summary of the most helpful insights gained from the community last month.
STOCKS ECONOMY inflation
Everything we observe indicates that the pandemic is nearing its end. This is bullish for the leisure and travel industry.
STOCKS economy inflation
Several key market mysteries will be unraveled in the coming year. The question is, can fundamentals trump fear?
BONDS policy inflation
We wouldn’t be surprised to see the 10-year yield range-bound between 1.5 percent and 3.5 percent for the rest of the decade.
ECONOMY inflation policy
How did we come to believe the Fed has to plunge us into recession to kill inflation?
POLICY economy inflation
Is it blasphemy to argue that the Fed is doing a good job and that “immaculate disinflation” is already underway?
We’re witnessing a secular tightness in the labor market. What if the future is not one of stagflation, but rather a new era of productivity-led growth?