TIMELY MARKET UPDATES
Integrate AI Into Your Practice: Actions You Can Take Today with ChatGPT and Midjourney
Staying abreast of the cutting-edge tools and products available can seem daunting in the rapidly evolving world of artificial intelligence (AI). In this guide, we’ll attempt to demystify two well-known AI tools, ChatGPT and MidJourney.
WEBINAR: Demystifying AI in Asset Management and its Use in the Investment Process
You’ll walk away with a deeper understanding of how AI is being applied to asset management, applying it to investing is more complicated than other applications, what to look for in an AI Asset Manager, and how we apply AI to the investment process.
7 Due Diligence Questions to Ask When Interviewing AI-Based Asset Managers
With the sudden onslaught of new artificial intelligence-based applications and tools, many managers may now be marketing their strategies as using “artificial intelligence” or machine learning. The following questions could…
Labor Productivity, Construction Employment, Small-Cap Stocks
Happy Veterans Day! Labor productivity increased more than expected in the third quarter, as the economy continues to digest pandemic era disruptions. The labor market is weakening, unfortunately this…
AI and the SEC: 6 Steps to Get Ahead of the AI Rule
Artificial Intelligence as an investment concept has exploded this year with the increasing commercialization of products like Chat GPT and Dall-E. As companies and consumers have adapted the new technologies, the SEC is…
Goldilocks Economy, Profitless Companies, Retirement Savings
U.S. Gross Domestic Product (GDP) grew at an annualized rate of 4.9% in the third quarter. The core personal consumption expenditures (PCE) index, the Federal Reserves preferred gauge of inflation…
Financial Conditions, Retail Sales, Government Debt
The financial markets are working in the Federal Reserve’s favor, as interest rates across the yield curve hit 5% this week. The tighter financial conditions are weighing on asset prices but, so far…
3Q23 Review and Outlook: Narrow Market Leadership, “Higher for Longer” Interest Rates, and a Potential New Wave of Inflation
The majority of the returns of the S&P year-to-date can be attributed to just 7 companies. The tailwind that government stimulus provided to the economy is likely over given current deficits and the high…
Peak Oil, Construction Spending, Equity Sentiment
The International Energy Agency (IEA) revised their oil demand forecast to a new all-time high, surpassing the prior peak in 2019. The price of oil has displayed its signature volatility of late…
Real Rates, Crack Spreads, Unemployment
Interest rates hit new highs mid-week, bringing the 10-Year U.S. Treasury Yield back to its long-term average for the first time since 2007. Interest rates are now well in excess of trailing inflation…