Inflation Cools Slightly Despite Lingering Pressures, Consumer Credit Growth, and a Look at China’s Housing Market
Supply chain issues are pushing up producer prices and driving inflationary pressures; though CPI came in below expectations, the median month-over-month gain hit a multi-year high. But how useful...
With Markets Charging Towards New Highs, Should Investors Wait for a “Better Deal”?
With the relatively unprecedented strength we have seen in global equity markets over the past ~2.5 years (with one rather extreme hiccup in between), some investors may be apprehensive about...
VIDEO: BCM’s 2Q21 Quarterly Market Update Call with the PM
Economic "normalization" continued as the effects of the reopenings were seen in Q2. The U.S. is growing faster than most other developed nations, at higher than expected rates prior to Covid, but is this just a reopening upswing that will fizzle out?
Housing Market Updates, Retail Comes Back Toward Earth, and Follow-On Stock Offerings Hit 25-year High
As the eviction moratorium comes to an end in the U.S. following a 6-3 vote in the Supreme Court, we’re seeing fewer renters making the transition to homeowners—though competition and price increases...
Manufacturing Continues to Moderate, Corporate Cash Holdings at Record High, and Demand for TIPS Remains Elevated
We’re seeing yet more evidence that manufacturing activity is moderating from its pandemic-era extremes, this time out of the Richmond Fed which saw activity fall significantly short of expectations...
Unprecedented Equity Sales, Commodities Come Under Pressure, and Delta Reverses PMI Growth in Japan
Markets opened strong this morning after last week’s mini taper tantrum following the release of the Fed minutes. It’s good news for retail investors after a year of—pardon the buzzword...