The yield on the 10-year note ended June 28, 2022, at 3.20%, the 2-year note ended at 3.10%, and the 30-year at 3.30%.
Given the Fed's hawkish monetary policy agenda and its effect on asset prices, I thought it might be helpful to share my thoughts on Fed-based trend analysis.
What are the most common scenarios that give rise to private foundations converting to DAFs (or making a thoughtful decision not to convert), while preserving the original donor’s intent and satisfying the administrative concerns of surviving family members?
Vietnam is a frontier market star.
The Federal Reserve is trying to fight inflation by raising interest rates.
I’m having a hard time training one of our newer advisors on how to be a good listener.
Our mid-March meeting’s “unenthusiastic” stance on global equities and negative stance on global bonds was a respectable decision, as was the overall macro theme “Stagflation Lite with GDP somewhat worse than consensus, but skirting recession.”
US energy stocks are outperforming consumer discretionary stocks by the widest margin in more than 30 years. Does this mean surging energy prices will trigger a deep freeze in consumer spending?
Container shipping companies have not been immune to the disruptive factors roiling markets at the moment, namely rising interest rates, soaring inflation and a potential recession, not to mention war in Eastern Europe.
The market has spent much of 2022 worrying about inflation and associated interest rate rises, and Growth stocks have certainly borne the brunt of this.
Someone once said, “Better than being smart is knowing who is!”
It came as a surprise when I found the annual report of the New Zealand SuperFund. While no one could fault it for sticking with passive investments, it chose a different path, with stunning results.
Accelerated interest rate expectations, hotter than expected inflation, a protracted war in Ukraine and continued Chinese COVID uncertainty form a challenging backdrop for markets. As the earnings outlook deteriorates and global economic growth slows, the big R word is on everyone’s mind. Can the U.S. escape a recession should Europe and other key countries experience deteriorating real growth? Jon and Michelle will discuss the macroeconomic landscape and positioning portfolios for the current environment.
The headline number of 98.7 was a decrease of 4.5 from the final reading of 103.2 for May.
Wall Street analysts are sticking with their bullish earnings forecasts for this quarter, and Morgan Stanley’s Lisa Shalett says they need a reality check.
Our economy is in a will-they-won’t-they relationship with the next big recession.
Business has started to evaporate across home-lending firms in recent weeks, after the Federal Reserve boosted borrowing costs to tame decades-high inflation.
With this morning's release of the April S&P/Case-Shiller Home Price Index, we learned that seasonally adjusted home prices for the benchmark 20-city index saw a 1.8% increase month over month. The non-seasonally adjusted national index saw a 20.4% YoY increase.
Here are three lessons about the cognitive biases advisors need to be aware of as the trusted protectors of their clients’ financial futures.
Here are five steps to ensure your systems are operating on the best and cleanest data set possible.
Many of my clients or their kids will face repaying student loans. And given the inflationary environment and related rising interest rates, some of them will need to make careful choices about prioritizing their payback plans.
If hydrogen is to become a clean fuel of the future, urgent technological solutions are needed to keep it in place and move it at will.
The Federal Housing Finance Agency (FHFA) has released its U.S. House Price Index (HPI) for April. U.S. house prices were up 1.6%on a seasonally adjusted nominal basis from the previous month. Year-over-year the index is up 18.8% on a non-seasonally adjusted nominal basis. After adjusting for inflation and seasonality, the index is up 1.3% in April and up 8.2% year-over-year (seasonally adjusted).
Some Uber and Lyft drivers are finding that renting or buying a Tesla, the luxury electric car, is a more profitable option now amid soaring gas prices that have upended the economics of gig work.
For a generation of alienated techies, crypto's all-for-one ethos was its biggest draw. Now panic is spreading across this universe — and that same ethos is posing what may be the biggest threat yet to its survival.
Fifth District manufacturing activity declined in June, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index stood at -19 in June compared to -9 in May.
All eight indexes on our world watch list posted losses through June 27, 2022. The top performer is London's FTSE 100 with a YTD loss of 1.71%. Hong Kong's Hang Seng is in second with a loss of 4.99% and Tokyo's Nikkei 225 is in third with a loss of 6.67%. Coming in last is Germany's DAXK with a loss of 19.6% YTD.
To celebrate Pride Month, four PIMCO executives share their perspectives on inclusion and diversity in the workplace and the importance of visible representation.
An oil price and energy stock price reversion may be starting.
Senior Sovereign Analyst Jon Levy answers some key questions about the European Central Bank's latest moves.
Real GDP declined at a 1.5% annual rate in the first quarter and, as of Friday, the Atlanta Fed's "GDP Now" model projects zero growth in Q2.
There’s a tendency among investors to conflate exposure to the S&P 500 with exposure to the broad market, even though these stocks are almost all large caps.
FINRA has released new data for margin debt, now available through May. The latest debt level is down 2.6% month-over-month.
My CFP peers must be tired of hearing me sing the praises of living in South Dakota. But one of them recently emailed some disturbing news. A recent national survey that ranked financial literacy placed South Dakota in 49th place.
Russia defaulted on its external sovereign bonds for the first time in a century, the culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors.
Cathie Wood’s flagship fund has posted its longest streak of inflows in over a year as it fights back from an interest rate hike-fueled decline.
Social Security applies a substantially higher penalty on people subject to GPO for claiming widow(er) and spousal benefits prior to normal retirement age.
Surge meetings will maintain important ongoing contact with your clients while better managing your time.
I will demonstrate how financial advisors can combine behavioral finance and deep analytics to have a robust conversation with clients during financial turmoil, showing compassion and understanding on the one hand, while telling a compelling long-term story on the other hand.
Contrary to economic theory, in recent years funds with an ESG mandate have outperformed the broader market. New research shows that outperformance was caused by increased asset flows to so-called green stocks, raising the prospects for lower returns going forward.
The Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for June. The latest general business activity index came in at -17.7, down 10.4 from last month. All figures are seasonally adjusted.
Orders placed with US factories for durable goods rose more than expected in May, suggesting business investment so far remains firm even in the face of rising interest rates and mounting concerns about the economy.
Sustainable investing needs to adapt to new realities without compromising its core principles.
It’s easy to be carried away: Top banking regulators are hungry for the efficiency, profitability and better service that pan-European banks could deliver.
This bear market is punishing everyone and everything.
The National Association of Realtors released the May data for their Pending Home Sales Index. According to the National Association of Realtors®, "Pending home sales crept higher in May, ending a six-month streak of declines."
For years, investors valued Facebook’s parent company as if its growth would never falter. Now that it has, fund managers who buy cheap, out-of-favor stocks are finally getting a chance to own shares of Meta Platforms Inc.
Gasoline consumption in the US probably peaked in the years before the pandemic.
Surging mortgage rates have finally cooled off the housing market. The cooldown, though, is coming unevenly, accentuating differences between the existing home market and new construction.
The latest new orders number at 0.7% month-over-month (MoM) was better than the Investing.com 0.1% estimate. The series is up 10.6% year-over-year (YoY). If we exclude transportation, "core" durable goods was up 0.7% MoM and up 8.1% YoY.