Unraveling the Enigma Wrapped in Contradictions. It would be too easy and too obvious if all the signals said the same thing. But the opposite extreme isn’t fun either, the plethora of counterpoints for every point can leave investors with their heads spinning. And that’s where I think we are right now, wrapped in contradictions….Read more
Unlocking Labor Market Insights Perhaps the most supportive economic data is that of the labor market. Things are cooling, but there’s been no big breakdown. The labor market matters for two very big reasons: 1) consumers will keep spending as long as they’re not worried about their jobs, and 2) it’s the second part of…Read more
Defying Expectations It’s Been a Long Year… for Bears Bearish sentiment was easy to come by at the beginning of 2023. Not just bearish sentiment on the stock market, but also pessimism over the Fed’s ability to control inflation, the economy’s fortitude to withstand rate hikes, and consumers’ willingness to spend as they embarked on…Read more
