To Hike, Or Not to Hike We’re not going to bury the lede here: We do not think the Federal Reserve will hike interest rates at its September meeting. We also don’t think it should hike rates at its October meeting. We’ll even take it one step further and say that by the Fed’s December…Read more
September Scaries A curious thing tends to happen around this time of year: Markets get jumpy. The seasonal explanation is that investors returning from summer vacations start preparing their portfolios for the remainder of the year. If there’s rebalancing, it can pull money out of top-performing assets. But this year, although we could have almost…Read more
At a Glance The jobs report for August marks the return of market-moving macro news. In particular, economists will be focusing on job growth, wage growth, as well as the balance between labor supply and demand. The last jobs report was mixed, as was the market reaction: On one hand, the economy lost jobs and…Read more
