What Is the Yield Curve Telling Us?
The longest continuous yield curve inversion has finally come to an end. Or has it? The answer depends on how you measure it. That’s just one of my gripes with the yield curve inversion as an economic indicator...
Today’s AI Investment Boom in the Context of History
How short-term bubbles can lead to revolutionary innovation and in turn, long-term economic growth. We anticipate the AI investment boom to follow the same patterns we’ve seen throughout history. Last Thursday, Nvidia...
Five Principles for Responsible Use of Artificial Intelligence/Machine Learning Technologies in Asset Management
As the public becomes more informed about artificial intelligence and machine learning, here are our five core principles of responsible use of Artificial Intelligence as it specifically relates to making investment decisions.
Rate Cuts, Mid Caps, Rising Uncertainty
Like most investors, we're eagerly awaiting the Federal Reserve's (Fed's) decision on interest rates. Frankly, it can't come soon enough — we're all tired of the endless debate over 25 vs. 50 basis points. I know it's not Friday but I wanted...
Interest Rate Policy, Job Creation, Office Vacancies
The Federal Reserve’s highly restrictive interest rate policy is taking its toll, as interest rate sensitive sectors of the economy are rolling over. The pace of job creation continues to slow but...
Data Revisions, Gold, to the Moon
The Federal Reserve’s focus is shifting from inflation to the labor market as continued economic strength comes into question. Recent revisions have shown that job growth over the past year was not as...