by John Luke Tyner | Sep 27, 2023 | Blog, Bonds
The recent Fed meeting brought an update to the 2024 median for the Fed Funds rate. It was pushed higher with the top dot now 6.1%, up from 5.9% in June. If growth persists, several FOMC members see the funds going a lot higher than the market expects. Source:...
by Aptus PM Team | Sep 27, 2023 | Blog, Team
You might have seen our Team Page with our full team lineup, showing us in the office setting, with the usual bios about backgrounds and roles. We wanted to show you who we are outside of the office and share a little about the personalities that make up our team. We...
by Aptus PM Team | Sep 22, 2023 | Blog, Charts
Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence: John Luke: The midpoint of the neutral policy rate hasn’t moved, but a few members have moved their...
by John Luke Tyner | Sep 21, 2023 | Blog, Bonds
We thought the current backdrop provided an opportunity to dive into the basics of inflation. The below analysis will attempt to isolate different types of inflation, and distill our input on where we stand on each in the current cycle. This is a bit “economic” at its...
by Aptus PM Team | Sep 15, 2023 | Blog, Charts
Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence: Dave: September is famous for being the weakest month for stocks, with the 2nd half being the most...
by John Luke Tyner | Sep 13, 2023 | Blog, Bonds
Headline CPI rose 0.6% in August from the prior month, a faster pace than in July as gasoline prices jumped. Core CPI rose 0.3% (stripping food and energy costs), a hotter pace than the prior two months. Headline CPI: +0.6% (Consensus Expectations: +0.6%) Core CPI:...
