As we enter the new year, investors are questioning what happens next. It was a turbulent 2022, including a possible recession and a definite bear market in stocks and bonds. Worries remain, but we’ll start the year with real strengths. Employment and job growth are strong, which will keep the consumer economy healthy. Interest rates are likely close to peaking, and markets are fairly priced.
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Economic Release Snapshot: Consumer Inflation Moderates in November
Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.
Is the Market Pullback Cause for Worry? Not So Much
It has been a tough couple of days in the markets, and it looks like today will be another. Not only is the market down in pre-market trading, but this is also a quadruple witching day (i.e., when four types of derivatives all expire on the same day). That often leads to volatility and, in the context of the past couple of days, means today could be difficult as well. I see the effects in my portfolio, and you may have seen them in yours as well. Should we be worried? In a word, no.
Economic Risk Factor Update: December 2022 [SlideShare]
My colleague Sam Millette, manager, fixed income on Commonwealth’s Investment Management and Research team, helped me put together this month’s Economic Risk Factor Update. Thanks for the assist, Sam! Let’s take a closer look.
What Will Powell Say? Looking Forward to the Fed
With the regular meeting of the Fed underway, we now all wait with bated breath to find out what the decision will be. Well, in this case, there is not much doubt: it will be an increase of 50 bps. But we can still wonder about the wrapping on the present. To shift metaphors and get a bit ahead of ourselves, will Chair Powell come out and see his shadow, signaling six more rate increases? Or will there be sunny skies ahead?
Economic Release Snapshot: Producer Inflation Increased in November
Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead.