Economy Tag

Here’s Why the Fed Could Stay Easy for a LOOONG Time

05 Nov, by Bryce Coward, CFA in Economy, Markets

This week Jerome Powell tossed the market a bone by hinting that the Fed would be patient in raising short-term interest rates due to the continued slack in the US labor market and inflation that would likely be "transitory". Yet, today, the unemployment rate dropped...

Is the Fed Already Behind the Curve?

27 Jun, by Bryce Coward, CFA in Economy

To cut or not to cut is no longer the question. Now the question is the quantity, magnitude and timing of rate cuts for the rest of the year. This week was an important one in that we were privy to several important Fed speeches as...

Quarterly Update & Outlook: Gavekal Knowledge Leaders Indexes

03 Aug, by Steven Vannelli, CFA in Knowledge Leaders

We're pleased to present our first quarterly commentary on the Gavekal Knowledge Leaders Indexes, the intellectual property behind our new strategic beta products. As a data driven firm, we spend significant time working with data, from sourcing it to scrubbing it to identify Knowledge Leaders,...

US Corporate Profit Margins Are Coming Back Down To Earth

29 May, by Knowledge Leaders Team in News

Today wasn't the best day for US economic releases. The 2nd revision of 1Q GDP was (unsurprisingly) revised down from 0.2% to -0.7%. The release that caught our eye, however, was the initial release of corporate profits in the US for the first quarter. After-tax...

Inflation Expectations Are Turning Back Over In The US

28 May, by Knowledge Leaders Team in Economy

TIPS derived breakeven inflation expectations have started to fall once again in May. For a little context, starting in last June, breakeven inflation started a steady march lower that lasted until January of this year. Since that time, we have seen a rebound in inflation...