Macro matters: The stock market is not the economy
Publicly traded markets have drifted far from the underlying dynamics of the economy, and investors may need to look outside the S&P 500 for more direct exposure to U.S. economic strength.
Markets are suddenly vulnerable to optimism
When expectations are so positive, the threshold for a downside surprise becomes incredibly low. Publicly traded equities may be particularly vulnerable in the coming quarter.
Macro matters: Rethinking the interest rate outlook
Interest rates are renormalizing at a higher level. Investors often interpret that as a challenge—but could it be reframed as a positive?
Macro matters: Markets bear the brunt of yield curve steepening
How higher interest rates could continue to challenge public equities and bonds. Read the latest update from our research team.
Macro matters: The great global policy divergence
Stay up to date on the latest moves from major central banks across the world.
Macro matters: Hot summer / Cooling CPI
In the midst of record-breaking heat, markets are breathing a collective sigh of relief as inflation finally shows widespread cooling.
