Commentary

Early Signs of Economic Weakness are Starting to Emerge

The calm before the storm is here – and the Fed knows it won’t last. This week’s Fed meeting is expected to be relatively straightforward.

Commentary

Gold has Glittered Amidst Storming Markets

Gold plays a distinct role in the global monetary system. Simply put, it’s perceived as money, and its function as a store of value makes it arguably the world’s most popular hedge against inflation.

Commentary

Strategic vs. Tactical

Doug Drabik discusses fixed income market conditions and offers insight for bond investors.

Commentary

Lost Opportunity, Closed Window and Measurement Issues

The Federal Reserve (Fed) lost its chance to lower interest rates further during the first half of the year, when inflation came down to close to its 2.0% target with very limited risk that its decision would have triggered higher inflation.

Commentary

Political Noise Continued to Dominate Headlines in May

On the trade front, investor uncertainty eased for a short time as President Donald Trump’s “Liberation Day” tariffs seemed to lose traction. Several key developments contributed, including a 90-day tariff pause with China, the signing of a US-UK trade agreement and progress on negotiations with other partners, including Europe.

Commentary

Duration – Current income opportunities

Duration is an often confused term when it comes to financial fixed income investing. After all, in your everyday life, the definition of duration is the length of time it takes for something to occur.

Commentary

Court Delivers Good News on Tariffs, But…

Chief Economist Eugenio J. Alemán discusses current economic conditions.

Commentary

Summer Market Signals: Tariffs, Tax Cuts and Treasury Yields

Sell in May and Go Away? This old market saying tends to resurface around Memorial Day, suggesting investors should scale back their equity exposure ahead of what’s perceived as a seasonally weaker stretch for stocks.

Commentary

The Big Beautiful Bill: Stimulus Now, Tightening Later

While official estimates remain fluid and subject to change, our preliminary analysis at the time of this writing suggests that the House Reconciliation Proposal could significantly increase the national debt over the next decade.

Commentary

Tailored Lending: A Strategic Tool for Sophisticated Individuals

Your financial requirements are multifaceted, necessitating strategies tailored to your specific needs. Tailored lending can be a valuable addition to a high-net-worth individual’s financial plan, helping you optimize cash flow, maximize tax efficiency and realize important estate planning goals.

Commentary

Growing U.S. Debt – Trouble Ahead?

Last week I talked about the upward sloping Treasury yield curve, a welcome change from the inverted yield curve that lingered for years. The upward sloping curve means that investors are rewarded more for taking on duration.

Commentary

Market Turnaround Raises Question: Where Do We Go From Here?

President Trump’s tariff maneuvers sent financial markets on a rollercoaster. The shock from his aggressive trade policies triggered a surge in volatility, briefly pushing the VIX above 50 – an extremely rare event.

Commentary

Better Tariff News, but Uncertainty to Limit Potential Benefits Near Term

Chief Economist Eugenio J. Alemán discusses current economic conditions.

Commentary

A Universe of Potential Opportunity Lies Beyond the Public Markets

Technology and trends have made individual investors an important part of the private market.

Commentary

How Does the US-China Trade Truce Impact our Market and Economic Views?

The 90-day reduction on tariffs between the US and China is a positive development, but some questions remain.