The Complexities of Inflation

by | 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...

The Market in Pictures, September 15

by | 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...

Rate Hikes Working, No Cuts Ahead

by | 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:...

The Market in Pictures, September 8

by | Sep 8, 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: NVDA is the current battleground stock, but remember when there were 100s of absurdly-priced...