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...
Unemployment Falls, Inflation Slows, the End of Interest Rate Hikes
The economy isn’t growing as fast as it once was but it’s too early to call this a slowdown. Hard economic data is still very positive, and inflation continues to trend in the right direction...
Economic Data is Murky, Housing Supply, Uses for Artificial Intelligence
Inconsistent economic data is making it difficult to judge the state of the economy. Many previously negative indicators are turning around, while others are showing new signs of weakness. Interest rates have...
BCM 1Q23 Market Commentary: Rapid Rate Hikes and their Role in the Banking Crisis
We remain in a somewhat uncharted investment environment with new crises occurring almost quarterly. These have been catalyzed in some part by the Federal Reserve's obsession with inflation and their urgent...