Pre-Election Jitters Welp, midterms are now less than a month away. Soon the elections will suck up all the oxygen in the room. Since Congress has the power of the purse, whichever party has a majority usually holds the keys to tax laws and fiscal spending. And because the government also accounts for about one-fifth…Read more
After markets got off to a choppy start to October, Wall Street gets a pulse check on how businesses and consumers are feeling about the economic outlook. At a Glance Nearly 80% of U.S. economic output comes from services, making Monday’s ISM Services PMI important to gauge the economy’s trajectory. Investors will be interested in…Read more
Opportunity or Threat? What’s happening in the Treasury market right now hasn’t happened in a very long time. At the risk of stating the obvious, 2002 and 2007 were not warm and fuzzy periods in market history. That fact alone is freaking people out, and we get it. But as investors, our job is to…Read more
