Estimated reading time: 3 minutes A look at month-end performance data shows that August was another mostly positive month, but that misses the notable market stress in the first week of the month. The VIX surged to an intraday high surpassing 65 on August 5, as markets underwent a wave of selling and risk-off rotation. Japan was…Read more
The Long-Awaited Cut Is Here The Federal Reserve has remained patient (holding interest rates unchanged) and kept its eyes on the prize (getting inflation down) for over a year. Through every twist and turn, every employment and inflation report, the numerous market selloffs and rebounds, Fed officials have remained steadfast. All of that has led…Read more
Estimated reading time: 3 minutes Economic Temperature Check It has been a turbulent few years for the U.S. economy, with the pandemic-era recession and historically high unemployment, which gave way to a roaring rebound, a worker shortage, and high inflation. The whiplash of the past years have created what economists call a k-shaped, or bifurcated, economy that…Read more
