This past week offered another reminder that markets don’t move in straight lines—even in the face of seemingly clear narratives. What looked like the start of a May rebound quickly turned into a whiplash-inducing mix of optimism and concern. Under the surface, we’re seeing some divergences that
Uncertainty is the best word to describe the current outlook for the economy, stocks, bonds, and everything else in our world. Yet we continue to hear from 'experts' confidently declaring that they know what the next few weeks, months, or even years will look like. Often times you will get
One of the hardest lessons for finance graduates is understanding the moves in the market often go completely against the tens of thousands of dollars their education taught them. One reason I enjoy being a guest lecturer at Liberty University is I get the opportunity to teach a small subset
The Federal Reserve made a major pivot last week in their policy. After declaring 'mission accomplished' in their inflation fight, the Fed almost immediately shifted to stimulation mode over growth concerns and a slowdown in the labor market. As we stated in our most recent economic update, yes growth is
“My confidence has grown that inflation is on a sustainable path back to 2%"
“The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks."
"We do not seek or welcome further cooling in
