September 16, 2019
Last week, we focused on inflation and the consumer, with the release of August’s reports on producer prices, consumer prices, retail sales, and consumer confidence. This week, we’ll see if home builder confidence remains steady and whether the Fed will cut rates.
September 13, 2019
As U.S. markets once again approach new highs—after all the drama and the three separate pullbacks last month—I think it makes sense to try to gain some perspective about what is really going on. Immediately after the markets hit new highs last time around, we had quite a bit of volatility. So, it’s reasonable to wonder what will happen next as we approach these highs once again.
September 12, 2019
I am working on my talk for Commonwealth’s upcoming National Conference, all about interest rates in the new world. The tagline is going to be “Less Than Zero.” Yesterday, I got an endorsement (sort of) from the president, who tweeted that the Fed should lower rates to zero or even below. Clearly, I got the hot topic right this year!
September 11, 2019
Today I appeared on CNBC’s Power Lunch to discuss this year’s IPO market. Listen in to learn more.
September 11, 2019
My colleague Sam Millette, senior investment research analyst on Commonwealth’s Investment Management and Research team, has helped me put together this month’s Market Risk Update. Thanks for the assist, Sam!
September 10, 2019
My colleague Sam Millette, senior investment research analyst on Commonwealth’s Investment Management and Research team, has helped me put together this month’s Economic Risk Factor Update. Thanks for the assist, Sam!
Last week, we saw several important economic data releases, with a focus on business confidence, international trade, and the August jobs report. Ahead, we’ll have another busy week, with updates on inflation, retail sales, and consumer confidence set to be released.
September 6, 2019
I don’t normally link to scary stories in the media. But one in particular has generated a number of questions from advisors, clients, and even employees here at Commonwealth.
September 5, 2019
August was a tough month pretty much across the board, with politics rocking markets around the world. So, what should we expect for September? Let’s take a closer look.
September 4, 2019
August was a tough month for markets, with fixed income the only bright spot. There was a lot of volatility, with markets down between 4 percent and 6 percent on three occasions. What drove the declines? Politics. The U.S.-China trade war heated up, and the Fed and the White House sparred over rates. Still, the economy remained solid—with consumer confidence high and strong job growth.
