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Monetary Policy
May 7 2021
Equity . Markets/Economy .
Article Can there be a free lunch?
May 7 2021

We're about to find out as the fiscal and monetary spigots keep pouring.

May 3 2021
Markets/Economy . Fixed Income .
Article Housing is not in a bubble
May 4 2021

A decade of disinvestment is causing affordability issues, not rampant speculation.

May 3 2021
Liquidity . Monetary Policy .
Article Not so smooth
May 3 2021

It's time for the Fed to raise overnight rates.

April 28 2021
Monetary Policy . Liquidity .
Article Stubborn Fed
April 28 2021

The FOMC didn't budge on policy or alleviate pressure in the overnight market.

April 16 2021
Equity . Markets/Economy .
Article Got to talk about inflation again, sorry
April 16 2021

It continues to be the issue consensus is worried about.

April 23 2021
Fixed Income . Interest Rates .
Article There's more than one way to generate alpha
April 7 2021

Rate strategies lead the way for bonds in challenging first quarter.

April 23 2021
Liquidity . Monetary Policy .
Article Questions, questions
April 1 2021

Liquidity investors have lots to consider, but nothing as pressing as it might seem.

March 17 2021
Liquidity . Monetary Policy .
Article Just looking
March 17 2021

The FOMC observed the economy is improving, but left it at that.  

March 12 2021
Equity . Markets/Economy .
Article Escape velocity
March 12 2021

Yields are rising for the right reasons.

March 29 2021
International/Global . Markets/Economy .
Article It's a twofer
March 10 2021

A recovering U.S. and ‘modestly’ growing China are good for the EM and everyone.

March 1 2021
Liquidity . Markets/Economy .
Article Worry list
March 1 2021

Short on days, February was long on anxiety for some.

March 16 2021
Interest Rates . Monetary Policy .
Article Rates rising for 'good reasons' but don't fight the Fed
February 25 2021

Powell reaffirms commitment to easy money policies to support still-young recovery.

February 1 2021
Liquidity . Markets/Economy .
Article The rise of a rate
February 1 2021

The transition to SOFR is picking up steam.

January 21 2021
Liquidity . 2021 Outlook .
Article Looking forward to 2021
January 4 2021

The new year revives old optimism.

December 28 2020
2021 Outlook . Equity .
Article Easy money
December 28 2020

Three things to watch in 2021.

December 16 2020
Monetary Policy . Liquidity .
Article See you next year
December 16 2020

Perhaps due to fiscal stimulus talks, the FOMC meeting was quiet.

December 1 2020
Liquidity . Monetary Policy .
Article Fighting the Fed
December 1 2020

The Federal Reserve’s tussle with the White House was something to behold.

October 26 2020
Monetary Policy . Fixed Income .
Article 'Our House' trends continue
October 26 2020

Weekly Bond Commentary

October 23 2020
Monetary Policy . Equity .
Article Economic redemption
October 23 2020

We expect third-quarter GDP growth to be the strongest in U.S. history.

October 19 2020
Liquidity . Monetary Policy .
Article Inflation still lukewarm
October 19 2020

Weekly Cash Commentary

October 26 2020
Equity . Markets/Economy .
Article As market claws back, near-term worry list grows
October 13 2020

Pullback could be in offing against promising long-term outlook.

October 13 2020
Liquidity . Interest Rates .
Article Viewing the forest
October 1 2020

The money market industry is too focused on the trees.

September 25 2020
Liquidity . Markets/Economy .
Article Nothing is a lock
September 21 2020

Weekly Cash Commentary

September 21 2020
Monetary Policy . Interest Rates .
Article Looking forward
September 16 2020

The Fed sharpens its new policy framework with strong forward guidance. 

September 14 2020
Liquidity . Monetary Policy .
Article Inflation in the slow lane
September 14 2020

Weekly Cash Commentary

September 21 2020
Fixed Income . Interest Rates .
Article 6 reasons yields may stay range-bound
September 11 2020

It starts with the Fed.

September 11 2020
Monetary Policy . Equity .
Article Economic recovery accelerates
September 11 2020

A rebound led by the labor market, housing, autos, manufacturing and consumers.

September 25 2020
Liquidity . Monetary Policy .
Article Such great heights
September 8 2020

Weekly Cash Commentary

September 4 2020
Equity . Markets/Economy .
Article 'Hyperinflation is coming. I guarantee it'
September 4 2020

I don't share my neighbor's worry. But this week reminds it's never a 1-way market.

September 11 2020
Equity . Markets/Economy .
Article Now what?
September 1 2020

Maybe near-term consolidation. But longer-term, this secular bull has a ways to run.

September 11 2020
Liquidity . Monetary Policy .
Article Encouraging elements of new Fed framework
September 1 2020

If the Fed's strategy to spur inflation works better than expected, hikes might come sooner.

September 12 2020
Liquidity . Monetary Policy .
Article Fed's new plan a double-edged sword
August 28 2020

Weekly cash commentary

August 28 2020
Equity . Markets/Economy .
Article Double dovish
August 28 2020

Ultra-easy Fed and record stimulus represent a double dose of support for stocks.

August 27 2020
Monetary Policy . Fixed Income .
Article Subtle but substantive Fed shift may let inflation build
August 27 2020

Policy change to let labor market run hot as long as prices don’t.

September 10 2020
Liquidity . Monetary Policy .
Article Sales surprise, but new stimulus needed
August 24 2020

Weekly bond commentary

September 10 2020
Monetary Policy . Liquidity .
Article Fed reboot coming
August 21 2020

Weekly cash commentary

August 24 2020
Equity . Markets/Economy .
Article Shangri-la
August 14 2020

An all-in Fed covers a lot of potential worries and issues.

September 10 2020
Monetary Policy . Liquidity .
Article Truly dog days of august
August 14 2020

Weekly cash commentary

September 10 2020
Liquidity . Monetary Policy .
Article Job market unpredictable
August 7 2020

Weekly cash commentary

September 10 2020
Liquidity . Monetary Policy .
Article Fed on fire
July 31 2020

Weekly cash commentary

July 10 2020
Liquidity . Monetary Policy .
Article Ebb and flow
July 1 2020

June prime example of how liquidity asset flows benefit investors and the economy.