Holiday Travel, Santa Claus Rally, Government Efficiency
The holiday season is in full swing, and Americans are on the move. Thanksgiving set a record for TSA traveler throughput. A “Santa Claus” rally is also well underway, sending prices for risk assets...
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...
How to Allocate Based on Possible Fed Decision
How can you position your portfolios in preparation for the possible outcomes of the upcoming Fed Decision? There seems to be consensus that the Federal Open Market Committee (the Fed) will pursue one of three leading options...
Interest Rate Policy, Job Creation, Office Vacancies
The Federal Reserve’s highly restrictive interest rate policy is taking its toll, as interest rate sensitive sectors of the economy are rolling over. The pace of job creation continues to slow but...
Data Revisions, Gold, to the Moon
The Federal Reserve’s focus is shifting from inflation to the labor market as continued economic strength comes into question. Recent revisions have shown that job growth over the past year was not as...