“The number one problem in today’s generation and economy is the lack of financial literacy.” —Alan Greenspan
April 8, 2021
“The number one problem in today’s generation and economy is the lack of financial literacy.” —Alan Greenspan
The first quarter looks to be the turning point, both for the pandemic here in the U.S. and for the economic damage it has caused. While risks still remain, especially in the short term, the significant progress we made in the first two months of the year started coming to fruition in March, signaling that we are through the worst of it.
March 31, 2021
We have had a lot of good economic news recently, including the significant bounce in consumer confidence reported by the Conference Board. Consumer confidence rose by more than 20 percent last month, to the highest level since September, before the third wave. According to that increase, people are feeling much better about the economy and their place in it.
March 30, 2021
I wanted to use the title “Leverage, Margin Calls, and Stock Prices, Oh My” here. But I decided to go with the more specific title so readers would actually know what I was taking about. Those are the real themes, though, as the hedge fund/private family office Archegos is simply the latest iteration of an old and sad story.
For the first time in several weeks, the big picture on the medical front has gotten worse. Case growth and positive test rates have ticked back up as the economy has reopened. While the change is relatively small so far, it is a reversal of previous improvements and signals that both reopening and the spread of more contagious variants are outpacing the positive effects of vaccinations. Faster spread has therefore moved from a potential risk to an actual one.
March 25, 2021
Today's post is from Anu Gaggar, senior investment research analyst.
March 24, 2021
Today's post was cowritten by Chris Stuart, senior investment research analyst.
March 23, 2021
Spring is here! I have been eagerly awaiting the chance to write this post. Mind you, spring started a couple of days ago, astronomically speaking. And, of course, spring started weeks ago in more southern states. But today the sun is shining, the birds are making a heck of a racket, and my son went off to school in shorts. So, it seems fair to call this the first day of spring, at least for me.
March 18, 2021
Today's post is from Anu Gaggar, senior investment research analyst.
March 17, 2021
Today’s post is from Peter Essele, vice president of investment management and research.
