Given the carnage in markets and the repricing of economic growth, some form of dovish concession is expected from the Federal Reserve on Wednesday. What would a dovish course correction mean for the U.S. dollar?... Read More
Jim appeared on CNBC with Rick Santelli discussing the move from growth funds to value funds as investors de-risk their portfolios.... Read More
FOMC rate hike timing is falling in line with global economic growth and inflation expectations.... Read More
Search interest in tech-related jobs is leading improvements in broader employment search categories. But slowing economic growth means the wage growth disparity between services and manufacturing is likely to persist in the near term. ... Read More
Leverage bank loans went from bad to worse this week. For now, we do not look at this as a leading indicator of contagion.... Read More
While the media continues to hyperventilate about the trade war and the market swings with every Trump tweet, corporations continue to paint tariffs as small and manageable.... Read More
Investor flows into interest rate sensitive assets reveal greatly diminished fears long-end U.S. Treasury yields will climb. But, past instances indicate a contrarian signal pointing to higher yields.... Read More
As financial sector equities continue to take a beating, signs of a bid for longer-dated bank paper are an interesting development. ... Read More
Liquidity risks are rising and denting the prospect for continued tightening into 2019. Any rebound in the Fed?s discussion of liquidity and/or global concerns would raise a red flag, likely making 2019 devoid of tightening expectations.... Read More
The U.S. financial sector continues to take a beating as concerns over the Treasury curve and financial conditions grow. Is the move overdone and are financials primed to rally in a risk-on move?... Read More
Private pension funds have much smaller funding gaps than their government counterparts.... Read More
Defined benefit plans continue to replaced by IRAs and defined contribution plans.... Read More
A home may be the biggest purchase most people make in their lives, but households' stock ownership has actually surpassed home equity since the housing crash.... Read More
The amount of outstanding private credit in the U.S. experienced a brief decline during the financial crisis, but government debt grew throughout the entire period. Both are now at new highs.... Read More
Over 40% of FDIC deposits in the U.S. are uninsured.... Read More
Selected charts and excerpts from some of our research over the past week.... Read More
Deflationary fears are dangerously close to reviving on the heels of slowing global growth and tumbling commodity prices.... Read More
Economists' forecasts are not following decelerating economic data. They remain near peak optimism. Are they paying attention?... Read More