The Election, Interest Rates, Nuclear Energy
Donald Trump is heading back to the White House in 2025. While the outcome was more widely anticipated than in 2016, it still sent waves through financial markets. Stocks hit new all-time highs as interest rates and the dollar rose. The jump in...
With the Federal Reserve (Fed) cutting rates, what is the outlook for future mortgage rates?
Why are mortgage rates still stubbornly high despite the Fed easing rates? Understand the potential trajectory of future mortgage rates and explore key factors like housing demand, mortgage rate spreads, and market trends impacting rate movements.
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...
BCM 2Q23 Market Commentary: Will economic fundamentals support the new wave of optimism?
The prospect of an AI-fueled investment cycle as well as strong May jobs numbers propelled the market higher in Q2. Although we believe that many companies have already re-calibrated for a changing economic...
Economic Optimism, Mortgage Rates, U.S. Dollar
The Consumer Price Index (CPI) rose less than expected in June, bolstering optimism that inflation is behind us. Despite the positive inflation data, the market believes the Federal Reserve is locked...
Economic Data Rebounds, Supply Chains, Student Loans
Happy 4th of July! Equity investors are bullish going into the holiday weekend, as recent economic data has been unambiguously positive. On the other hand, the current period of low equity market...