Monthly Market Update

The Federal Reserve meets next week, and once again, it faces a mixed economic picture. On an encouraging note, inflation appears to be stabilizing. The latest Producer Price Index (PPI) fell [...]

A report from the Bureau of Labor Statistics (BLS) released after July’s FOMC meeting showed weaker job growth in the May-July period than previously estimated. Job growth for June and July was [...]

The recent passage of the One Big Beautiful Act or OBBBA (also known as HR 1) by the U.S. House of Representatives could have implications for the budget deficit in its current form, and in turn [...]

Uncertainty around economic policy has become a defining feature of recent economic and financial market news. This heightened period of ambiguity has been extreme and is affecting financial [...]

We revised this note repeatedly, only to have each version overtaken by new developments. As of April 11, 2025, this represents our latest commentary on tariff announcements; anything introduced [...]

Given the recent volatility in the stock market, investors are left wondering about the potential disruptive effects of tariffs. Douglas Irwin, a professor at Dartmouth, is a widely recognized as [...]

As we look back at 2024, we want to summarize the major economic highlights of the year. Economic Data Mostly Positive US economic growth, job creation, and inflation continued to improve through [...]

With the election results now in, many investors are wondering if they should adjust their portfolio strategy. We have written in the past about how political affiliation can frame investors’ [...]

This election cycle, presidential candidates have characterized tariffs as both a miracle cure for all economic injustices as well as a potential tool for mass disruption. President Trump has [...]

Equity markets finished September higher, after a rough start with the S&P 500 down over 4% during the first week, the biggest weekly pullback of the year. Investors initially fretted over [...]