January 31, 2020 Odds are the average person does not spend a lot of time thinking about monetary policy, but what central banks have done over the last decade should not be overlooked or taken for granted. Economically speaking, this past decade will go down in history as being the decade of central bank intervention … Continued
Perhaps nothing reminds us more of summer than a family road trip where children, and often adults, become impatient after many hours on the road and begin to wonder, or loudly whine, “Are we there yet?” This summer we have another reason to ask ourselves a version of this classic question. As of the end … Continued
In the months leading up to the presidential election, and now almost one year into President Trump’s term, there has been a great deal of ongoing speculation about how this President and Congress might influence the financial markets. In particular, and top of mind for many market participants, is the degree to which potential tax … Continued
Since 1982, the Federal Reserve Bank of Kansas City has held an annual economic policy symposium in Jackson Hole, Wyoming. This event, typically in late August, is closely watched by the markets in search of guidance about future changes in interest rate policy. Given the Fed’s recent track record of raising rates slowly, but lowering … Continued
While breaking every established financial record in the movie industry, the release of “Star Wars: The Force Awakens” also brought into clear focus the bifurcated state of the movie industry. Given changes in our collective viewing preferences for entertainment, as well as changing economic forces, studios have gravitated towards the safety and security of producing … Continued
“Everyone has a plan until they get punched in the face.” – Mike Tyson If the markets were a boxing match, then last quarter’s pummeling would have been met with calls for the referee to intervene. Volatile commodity prices, a potential Greek default, uncertainty around tighter U.S. monetary policy, pharmaceutical and biotechnology pricing worries, geopolitical … Continued