Market Still Undershooting Fed Communication

Global central bankers will gather later this month in Jackson Hole, WY for their annual meeting. We anticipate markets will seek to understand Powell’s desire to push back on market pricing that the Fed will cut its key rate to around 4% by January 2025 from its...

The Market in Pictures, August 4

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:   Brad: If you don’t recall this kind of volatility in the rate market, well…it’s been awhile  ...

The Market in Pictures, July 28

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: VIX has fallen into lower levels indicating complacency, but that hasn’t historically led to...

The Market in Pictures, July 21

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:   Beckham: The YTD rally in the S&P 500 has all been due to P/E multiples rising   Source:...