As we look in the rear-view mirror, we see an eventful third quarter which brought both renewed volatility and the first rate cut since the Federal Reserve cut rates in March 2020 in response to the pandemic. While market analysts were quick to point to…READ MORE
Summer Ends, Volatility Returns Throughout most of the summer markets were calm, then came August. An interest rate hike by the Bank of Japan coupled with a weaker than expected jobs report in early August led to a broad-based drawdown in equity markets globally. The…READ MORE
Cuts Around the Corner The US economy grew at 2.8% annualized rate in the second quarter, in a sign of continued consumer resilience as the Federal Reserve considers cutting interest rates in the coming months. Despite the strong GDP performance, jobs figures from this month…READ MORE
As we reflect on the second quarter and look to the back half of the year, we continue to monitor the unexpected stamina of the US economy despite the central bank’s extended campaign of monetary tightening. Largely, Q2 has been a continuation of market return…READ MORE
Recent Data Reaffirms Pause The European Central Bank has sent a clear signal that it will cut interest rates from their historic highs next week, as its chief economist brushed off fears that doing so before the US Federal Reserve could backfire. Philip Lane told…READ MORE
