Possible Second Wave Last week we got important jobs data, this week we get important inflation data. Both are important drivers of financial markets, but just how influential each is depends on investors’ view of its risk to the Federal Reserve’s dual mandate of maximum employment and price stability. If perceived risks are greater with…Read more
Big News, Big Market Moves It’s only been one week since our last blog, but with all that’s happened since then, it feels like it’s been one month. In the past week, the S&P 500 is down 3.0%, the Nasdaq is down 4.1%, and the Russell 2000 is down 4.4%. All three indices are in…Read more
Trading Blows The spotlight falls squarely on tariffs this week, as trade policy developments have increasingly dominated market narratives over the past month. Initially, the Trump administration had announced that tariffs on imports from Mexico (25%), Canada (10% for energy, 25% for non-energy), and China (10%) would go into effect at the start of February….Read more
