Perhaps we should call this a pushmi-pullyu market.
The first quarter of 2023 brought Dr. Dolittle’s pushmi-pullyu – the rarest animal of all – to mind. It
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Unknowns and uncertainty.
Financial markets were volatile last week as investors parsed the risks around bank closures, central banks offered additional
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Thrown for a loop.
Early last week, Federal Reserve Chair Jerome Powell told Congress the Fed is committed to bringing inflation down to 2 percent. If
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Sibling discord.
Stocks and bonds are two of the better-known asset classes in the family of potential investments. Last week, they were in opposition.
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Is it good news or bad news?
The answer depends on your perspective. Last week, we learned that:
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Brace for a bumpy ride.
There were some unwelcome surprises in last week’s economic data that caused markets to reassess expectations for 2023. For example:
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This time may be different...or it may not be.
There has been a lot of speculation about how the Federal Reserve’s policies will affect the United States
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What do Samuel Clemens (a.k.a. Mark Twain) and the current economic expansion have in common?
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The vicious cycle of inflation.
Last week, we learned that pay increases at central banks in many parts of the world won’t keep pace with inflation.
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“It’s hard to be a contrarian for very long these days because the consensus seems to change so quickly,” opined Ed Yardeni via LinkedIn last week.
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Bullish or bearish?
After last year’s geopolitical turmoil, economic malaise, and tumultuous stock market decline, many financial professionals – from
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It’s finally over.
2022 was a dismal year for financial markets. Major United States stock indices moved lower, trimming or eliminating the previous year’s
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