The wealth effect will continue to support consumer spending, even as slowing wage gains and high prices weigh on low-income consumers.

The race for superintelligence has triggered a spending boom on graphics chips, data centers, power supply and talent. Our panel discusses what it means for investors.

As we approach the halfway point of the year, all eyes remain on Federal Reserve policy and the pace of inflation’s downward trend.

Fed Chair Powell puts stagflation in context: GDP is bubbling along and inflation is on a yearlong cooling path, giving bond investors reason for optimism.

Today’s inverted yield curve for high-yield bonds means potentially higher returns for less risk.

Just like we thought investors were too optimistic to start the year, we feel the outlook for monetary policy is too pessimistic now.

Highlights from the week of May 10 – May 16, 2024.

Our investment professionals weigh in on the impact of delayed rate cuts on portfolios and investor behavior.

Securitized credit isn’t complicated. It’s an investment involving predictable consumer behaviors that have fueled economic growth for generations.

While the Fed wants to cut rates, an uneven decline in inflation delays action—but remember the trend matters more than the “when.”