Record Wealth Creation, Consumption Trends and Disconnects, and Accelerating Buybacks Drive Equity Gains
It’s no secret that a staggering amount of wealth was created during the pandemic and the M2 money supply has hit record highs (in what may be a precursor to some painful times ahead…). However...
VIDEO: Investment Committee “Minutes in a Minute” – September 2021
Amid expiring unemployment benefits, higher than expected retail activity, and lower than expected inflation, the main topic of conversation during our latest Investment Committee meeting was the economy...
VIDEO: What is Machine Learning and Why Should Advisors Care?
From Siri and Alexa’s ever-increasing sophistication to the frightening accuracy of Facebook’s “people you may know” feature and Google Search’s predictive text, some of the world’s largest companies...
Industrial Production Surprises to the Downside, Slowing GDP Growth Here and Abroad, and a Look at Sector Dispersion
U.S. industrial production declined in September and has slipped below its pre-pandemic level, pushing the nation back into slow-growth mode and—when paired with sinking GDP projections—reigniting...
“Transitory” vs. “Sticky” Inflation, Unbalanced Balance Sheets, and Record Earnings Beats
This may come as a shock, but inflation is brewing across the globe. As small businesses plan to raise prices to cope with a tight labor market, beleaguered supply chains, and climbing production...
A Jobs Report Whiff, Climbing Yields, and More Inflationary Pressures Accumulate
The U.S. added only 194,000 jobs in September per Friday’s DOL report, far below the expected 500,000. Labor force participation also declined, keeping payrolls well below the pre-covid trend...