Can't Live up to the Hype
We are in a seasonally challenging period for the markets, with August through October, historically providing lower returns than average months.
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We are in a seasonally challenging period for the markets, with August through October, historically providing lower returns than average months.
Based on current higher rates, what we’re seeing resembles indigestion when realities are different than the consensus view.
On balance, the disinflationary trends continued, and the economy is on track to grow significantly above potential.
Last week was Super Bowl week for economists, with fresh guidance from the Fed, ECB, BoJ, as well as data releases on GDP and inflation.
The equity markets are looking for a continuation of what I’ve recently called the plotline: declining inflation and a tightening of the labor market.