Equity markets maintained their upward momentum in the third quarter. For the first time in several quarters, large cap core outperformed growth. As interest rates began to decrease, we witnessed a tech sector recovery late in the quarter. This rate reduction also boosted… More >>
The Federal Reserve's much-anticipated interest rate cut materialized last week. The Fed slashed rates by 50 basis points (bps) and signaled more reductions on the horizon. The Federal Reserve Board's rate-setting committee provided some forward guidance: an additional 50… More >>
This week the Federal Reserve will almost certainly cut interest rates. In fact, current market expectations suggest a 39% probability of a 25 basis point cut and a 61% chance of a more substantial 50 basis point reduction. But is this good news for investors? 1
I,… More >>
In the world of interest rates, things have finally returned to normal. Short-term rates are now lower than long-term rates and that seems right. Investors should get compensated more for longer duration bonds compared to shorter duration bonds.
The yield curve began to… More >>
As the U.S. economy creeps towards a round of rate cuts, I think it’s important to take a step back and look at what is going to happen to all the money on the sidelines.
Right now, money markets are sitting on a record $6 trillion. 1
The allure of higher yields on… More >>