The Market in Pictures, July 1

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why:   Dave: there hasn’t been a single instance in 50 years of Fed Funds < CPI at the end of a tightening cycle   Source: Strategas as of 6/27/2022...

Soft or Hard Landing… Which is It?

A Central Bank’s place in an economy is to be the behind-the-scenes moderator of financial conditions. Here in the US, they specifically have two jobs: price stability and full employment. Their job is to step into the mix when financial conditions overly...

A Busy Stretch for Bond Market Participants

Fed Update Chairman Powell was before Congress this week and admitted several things: 1) rate hikes will not likely bring down cost of gas; 2) rate hikes will not likely bring down the cost of food (wheat, etc); and 3) a soft landing is unlikely, and growth is coming...

The Market in Pictures, June 24

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why:   John Luke: not hard to see what’s driving the equity market’s appetite for risk Source: Piper Sandler as of 6/24/2022     Brad: major shortages...

The Market in Pictures, June 17

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why:   JL: by any measure, the inflation picture is different than the past two decades    Dave: heading for only the 4th instance of back-to-back tandem...