Multi Asset

Reflections in glass panes of building

Markets could be reaching a capitulation point…and regaining a sense of normalcy

May 26, 2022

Fear of inflation, which has driven stocks and bonds down in tandem year to date, is expanding to fear of a growth slowdown...

Hundred Dollar Bills

War, inflation and hawkish policy pressure the financial markets

April 14, 2022

Despite our view that a U.S. economic contraction is avoidable in the near term, the outlook for equities has deteriorated since the beginning of the year...

Abstract White Architecture

Don’t Expect a Quick Resolution to the Energy Supply Shock

March 17, 2022

Russia’s energy tentacles, intertwined throughout Europe’s power network, may prove difficult to excise.

Market Expectations are High but Realistic

April 20, 2021

The U.S. economic outlook continues to strengthen, with accelerating vaccinations, broadening activity and government support. The global economy should accelerate, but with less certainty due to uneven vaccination progress across countries.

Read More

The End is Near, with New Signs of Fear

March 19, 2021

We believe the economy will grow well above trend throughout 2021, as massive pent-up consumer demand is released by vaccination progress, states reopening and highly accommodative government policy.

Read More

Slow Progress Better Than No Progress

February 19, 2021

Our outlook continues to be that economic recovery is in the offing and will broaden into synchronous, global expansion. Segments of the economy that were protected from the pandemic should stay in a healthy holding pattern.

Read More

Where Is the Market Getting Its News?

January 25, 2021

Headlines suggest a significant disconnect between “Main Street” and “Wall Street”—a closer look at personal income and leading economic indicators reveals a different story.

Read More
Top