All Around the Bond Market, Aug 2023

by | Aug 31, 2023 | Blog, Bonds

Jackson Hole   Fed Chair Powell’s message last week at Jackson Hole was direct. The Fed won’t be taking victory laps over inflation just yet. Powell noted “we are navigating by the stars under cloudy skies … we will keep at it until the job is done.” Reminds us...

The Market in Pictures, August 11

by | Aug 11, 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:   Brad: Most Q2 earnings are out, and it’s generally been better-than-expected   Source: Strategas as...
A Process to Match the Game

A Process to Match the Game

by | Jun 5, 2023 | Market Updates

Stroke Play or Match Play   For any non-golfers out there, match play is hole-by-hole scoring. Meaning, you play to win each hole individually. Your score from the prior hole is irrelevant to the next. In stroke play, it’s the cumulative total. Each hole...
A Process to Match the Game

Decision Inputs

by | Apr 4, 2023 | Market Updates

Decisions are easier to make if conviction of outcome is high, and/or the tradeoff profile is attractive enough. Even if (you think) you know the outcome of an event, if the tradeoff profile is poor then what? Let’s use a real-time example: Given that it’s the NCAA...