Multifamily: A rental health check-in
We examine the crosscurrents impacting a significant sector of the U.S. CRE market: Multifamily.
Concentration issues: A look at the top-heavy U.S. equity market
Rising U.S. equity market concentration has played a key role in the stellar stock market returns over the first five months of 2023. Looking ahead, high concentration could present a perplexing and challenging market environment for investors.
Thrift is a gift: Capitalizing on the capex reversal
After a brief boom, business investment is set to slow down this year. The reversal could provide opportunities in an equity market that is lacking them.
Debt ceiling: The summer reboot no one asked for
The debt ceiling is back. Like a reboot that no one asked for, the debt ceiling threatens to monopolize airtime this summer.
U.S. equities: Between a rock and a hard landing
Despite the strong start to the year, equities remain stuck between the risk of further policy tightening and a painful decline in profit margins.
Decoding default risk: What are credit markets telling us?
While the economic environment is unclear, we believe we can glean valuable insights about credit markets from implied market default rates.
