Passing the Baton If you’ve checked your portfolio in the last few weeks, you’ve probably felt the jitters rippling through the market. Headline indices are still near all-time highs, but that calm surface is papering over a lot of churn underneath. It can be unsettling, but we expected this. As highlighted in our outlook for…Read more
Just as investors began to worry that another government shutdown could derail more key economic reports, cooler heads prevailed in Washington. Lawmakers reached a temporary funding deal late last week that virtually ensures the Bureau of Labor Statistics will stay open. That means the crucial January jobs report will be released on Friday as scheduled….Read more
Plausible Pause The media tried to pull Federal Reserve Chair Jerome Powell into the politically hairy topics — including the possibility of him staying on the Fed’s Board of Governors after his chairmanship ends — but he stayed firm in his refusal to comment. No fighting words or juicy headlines to be found here (sigh)….Read more
