The Fed May Not Be Your Friend For Awhile
CPI Softer but Higher Unit Labor Costs (ULCs) Remain Problematic A sustained slowdown in inflation (the Fed’s clear goal) will require a sustained slowdown in...
The Market in Pictures, August 12
Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why: Joseph: All of the 2020 job losses have now been...
Peak Inflation
U.S. Headline CPI was flat from June to July, slowing to 8.5% YoY. The core CPI (ex food & energy) rose +0.3%, keeping the YoY number at 5.9%. Headline CPI had the...
Aptus Musings: Thoughts Around Earnings
Simply put, most market pundits were probably too pessimistic on the future earnings picture in the U.S. – at least for this quarter. I believe that corporate earnings...
The Market in Pictures, August 5
Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why: Brad: Earnings continue to be solid for S&P...
Who is Wrong About Rates?
Another Sizable Hike The Fed raised its policy rate by 75 bps as expected, which according to Chairman Powell brings the Fed Funds target range back to “neutral”....
Rearview to Windshield, August 2022
Developments Over the Past Month July 2022 Market Recap: The month of July was driven by better-than-feared earnings, economic data, and falling inflation...
Aptus Musings: Think Small for Return Differentiation
A common misconception in the market is that it is difficult to invest in small-caps due to concerns regarding size and liquidity. Understandably, this could have been the...
The Market in Pictures, July 29
Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why: Dave: The start of earnings season was a story of “not...
Should You Care About Inflation?
As we see another fed fund’s hike of 75bps this week, we thought it would be worthwhile to simply talk about the basics of inflation. It is very easy to get caught in the...
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