Market Commentary
Timely takes on markets and the economy.
Market Commentary content
Market Commentary
U.S. stocks have continued to climb amid optimism about a vaccine-led economic recovery, but bad news could easily throw markets off track.
Bond Insights
In many ways, it appears that the market is disconnected from the current state of the economy and politics.
Market Commentary
It has been an extraordinary start to 2021 in the nation’s capital.
Market Commentary
December brought the first payrolls decline since last April; with leisure/hospitality—and women—bearing the brunt of the weakness. Expect more economic “scarring” to come.
Bond Insights
The latest perspective on the bond market from the Schwab Center for Financial Research, including a deep-dive on corporate and municipal bond markets.
Market Commentary
Results will have a profound impact on the Biden administration’s ability to move its policy agenda forward in the first two years.
Market Commentary
Risk is often the result of a very high degree of confidence among market participants in one specific outcome.
Market Commentary
The Federal Reserve acted as expected; making no changes to policy, but updated its economic projections with a slightly rosier GDP and unemployment outlook.
Market Commentary
The market’s tenor changed in early September, when the “rotation era” began; with the benefit of better breadth, but the risk of euphoric sentiment.