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Markets/Economy
March 5 2021
Equity . Interest Rates .
Article Fiscal policy tantrum
March 5 2021

A steady Fed leaves worries about inflation and yields to the market.

March 5 2021
Equity . Markets/Economy .
Article Labor market sizzles despite February freeze
March 5 2021

Leisure & hospitality led the comeback.

March 1 2021
Markets/Economy . Liquidity .
Article Pick a little, talk a little
March 1 2021

Weekly Cash Commentary

March 1 2021
Markets/Economy . Fixed Income .
Article Spring cannot come fast enough
March 1 2021

Weekly Bond Commentary

March 2 2021
Markets/Economy . Equity .
Article Minimum wage hot potato
March 1 2021

Minimum wage is too low, but strategy to raise it should be bipartisan.

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

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

March 1 2021
Politics . Markets/Economy .
Article Far from over
March 1 2021

Now it's the Senate's turn to shape the Covid relief bill.

February 26 2021
Equity . Fixed Income .
Article Bubble bath
February 26 2021

There may be tiny bubbles but this is not the year 2000.

February 25 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 22 2021
Markets/Economy . Liquidity .
Article Consumers putting stimulus checks to work
February 22 2021

Weekly Cash Commentary

February 22 2021
Markets/Economy . Fixed Income .
Article Surge in retail sales point to impact of stimulus
February 22 2021

Weekly Bond Commentary

February 19 2021
Equity . Markets/Economy .
Article Follow the 'economists'
February 19 2021

They don't see inflation tripping up the economy anytime soon.

February 19 2021
Markets/Economy . Equity .
Article Gift cards to the rescue
February 19 2021

They played an outsized role in 2020 holiday retail spending.

February 18 2021
Equity . Markets/Economy .
Article Good news: nearly everyone is worried
February 18 2021

And that's just another reason the setup for stocks remains strong.

February 17 2021
Responsible Investing . Markets/Economy .
Article Human capital drives value
February 17 2021

SEC focuses on how companies deal with arguably their greatest assets—their people.

February 16 2021
Markets/Economy . Fixed Income .
Article Markets are optimistic, consumers less so
February 16 2021

Weekly Bond Commentary

February 16 2021
Markets/Economy . Liquidity .
Article A bump, not a ramp
February 16 2021

Weekly Cash Commentary

February 12 2021
Equity . Markets/Economy .
Article Inflation worries are all the rage
February 12 2021

And because it's consensus, it may not be that big a worry.

February 11 2021
Equity . Active Management .
Article Another reason to think 'value'
February 12 2021

History suggests a rotation from ‘growth’ may be at hand.

February 10 2021
Markets/Economy . Equity .
Article Easy come, easy go
February 10 2021

The Reddit rebellion forces an adjustment to the January Barometer.

February 8 2021
Markets/Economy . Fixed Income .
Article Bleak midwinter for employment
February 8 2021

Weekly Bond Commentary

February 8 2021
Markets/Economy . Fixed Income .
Article Fiscal stimulus on the fast track now
February 8 2021

Weekly Cash Commentary

February 5 2021
Markets/Economy . Equity .
Article Job market hits air pocket
February 5 2021

The weakness gives President Biden more clout for new stimulus.

February 5 2021
Equity . Coronavirus .
Article As plentiful as face masks
February 5 2021

As perception catches up with reality, add another catalyst to the fire.

February 2 2021
Equity . Markets/Economy .
Article Buy on weakness
February 2 2021

Federated Hermes adds to stock-bond model equity overweight.

February 1 2021
Markets/Economy . Liquidity .
Article The good and the less so
February 1 2021

Weekly Cash Commentary

February 1 2021
Markets/Economy . Fixed Income .
Article Fed not playing games
February 1 2021

Weekly Bond Commentary

February 18 2021
International/Global . Markets/Economy .
Article What could a post-Covid world look like?
February 1 2021

Accelerated digitization was just the beginning.

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

The transition to SOFR is picking up steam.

January 29 2021
Markets/Economy . Equity .
Article Solid growth in Q4
January 29 2021

Housing, corporate spending and inventory restocking led the way.

February 17 2021
Equity . Markets/Economy .
Article Bubble, bubble, oil and trouble
January 29 2021

Frothy pockets popping up but it's too early to cut back equity overweight.

January 27 2021
Equity . Markets/Economy .
Article 'What could go wrong?'
January 27 2021

Excess euphoria? Politics? Inflation? Always good to ponder.

January 25 2021
Markets/Economy . Fixed Income .
Article Inauguration behind us, vaccinations ahead
January 25 2021

Weekly Bond Commentary

January 25 2021
Markets/Economy . Liquidity .
Article Fed in no hurry
January 25 2021

Weekly Cash Commentary

February 17 2021
Coronavirus . Markets/Economy .
Article Real estate is different, not dead
January 21 2021

How Covid is spawning changes and accelerating trends in the sector.

February 1 2021
Politics . Fiscal Policy .
Article Stay calm
January 20 2021

Is it too early to talk about midterm elections?

January 20 2021
Markets/Economy . Liquidity .
Article Poor economic data to start the year
January 19 2021

Weekly Cash Commentary

January 20 2021
Markets/Economy . Fixed Income .
Article Help is on the way
January 19 2021

Weekly Bond Commentary

January 19 2021
Markets/Economy . Equity .
Article Looking past the present
January 19 2021

Headwinds persist, but we forecast healthy 5.3% GDP growth in 2021.

January 15 2021
Equity . Markets/Economy .
Article Fiscal sticker shock
January 15 2021

Will rising inflation and bond yields spoil the party?

January 29 2021
2021 Outlook . Equity .
Article This year's 'Big Surprise' could be the bullish consensus wasn't bullish enough
January 14 2021

A year of “unprecedenteds” sets stage for an unexpectedly strong move higher in stocks.

January 14 2021
2021 Outlook . Fixed Income .
Article Taxes, Treasuries and taper on the mind
January 14 2021

Three things to watch in 2021.

January 12 2021
Markets/Economy . Equity .
Article Night the lights went out in Georgia
January 12 2021

Yet the 'January Barometer' suggests 2021 could be positive for equities.

January 12 2021
Markets/Economy . Liquidity .
Article Fed minutes show solidarity on QE
January 11 2021

Weekly Cash Commentary.

January 11 2021
Markets/Economy . Fixed Income .
Article Labor market might need even more stimulus
January 11 2021

Weekly Bond Commentary

January 8 2021
Markets/Economy . Equity .
Article Labor market descends in December
January 8 2021

Covid-19 surge and delay in stimulus led to first decline in jobs in eight months. 

January 8 2021
Equity . Markets/Economy .
Article The Roaring 2020s
January 8 2021

Market melt-ups can last a long time.

January 8 2021
2021 Outlook . Equity .
Article Home (cars and cannabis, too) is where the growth is
January 5 2021

Three things to watch in 2021.

January 3 2021
Markets/Economy . Fixed Income .
Article The shock of 2020 gives way to hope
January 4 2021

Weekly Bond Commentary

January 3 2021
Markets/Economy . Liquidity .
Article Even the Fed is positive about 2021
January 4 2021

Weekly Cash Commentary

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

The new year revives old optimism.

January 4 2021
2021 Outlook . Markets/Economy .
Article It's always darkest before the dawn
December 30 2020

Three things to watch in 2021.

December 28 2020
2021 Outlook . International/Global .
Article 2021 will be a year of recovery
December 29 2020

Three things to watch in 2021.

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

Three things to watch in 2021.

December 21 2020
Markets/Economy . Liquidity .
Article The Fed's long week
December 21 2020

Weekly Cash Commentary

December 20 2020
Markets/Economy . Fixed Income .
Article Wrapping up a rough year with optimism
December 21 2020

Weekly Bond Commentary

December 21 2020
Markets/Economy . Equity .
Article How the 'Congrinch' Stole Christmas
December 18 2020

Congress' delay in reaching a new fiscal stimulus deal has hurt consumer spending.

December 18 2020
Equity . Markets/Economy .
Article Euphoria?
December 18 2020

It's not just Santa that has the market in a holiday mood.

December 17 2020
2021 Outlook . Equity .
Article Buy the rumor, sell the news
December 16 2020

Federated Hermes adds equity exposure, sets 4,500 and 5,000 targets for S&P 500 in 2021 and 2022.

December 22 2020
2021 Outlook . Equity .
Article The bull gets the vaccine
December 15 2020

It's a 'heads I win, tails I win' setup for 2021.

December 11 2020
Markets/Economy . Fixed Income .
Article Eager to close the door on 2020
December 14 2020

Weekly Bond Commentary

December 11 2020
Markets/Economy . Liquidity .
Article Last FOMC meeting of 2020 is upon us
December 14 2020

Weekly Cash Commentary

December 11 2020
Equity . Markets/Economy .
Article Movie night
December 11 2020

What might the markets do as we all hunker down?

January 4 2021
Markets/Economy . Equity .
Article No double-dip recession on the horizon
December 9 2020

We continue to think the S&P will reach 3,800 this year and 4,200 in 2021.

January 4 2021
Equity . Markets/Economy .
Article Sometimes, it's not that complicated
December 9 2020

2021 risks are far more to the upside than downside.

December 7 2020
Markets/Economy . Fixed Income .
Article Markets still feasting
December 7 2020

Weekly Bond Commentary

December 7 2020
Markets/Economy . Liquidity .
Article The new Fed governer is...
December 7 2020

Weekly Cash Commentary

December 15 2020
Equity . Markets/Economy .
Article Sentiment, schentiment
December 4 2020

As Wall Street searches for worries, stocks keep climbing.

December 6 2020
Markets/Economy . Equity .
Article Lump of coal for the labor market
December 4 2020

Lawmakers deserve coal in their stockings for not passing a new stimulus bill.

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.

November 30 2020
Markets/Economy . Liquidity .
Article Janet Yellen returns
November 30 2020

Weekly Cash Commentary

November 30 2020
Markets/Economy . Fixed Income .
Article Surveys show confidence despite virus' surge
November 30 2020

Weekly Bond Commentary

November 25 2020
Equity . Markets/Economy .
Article DJ30K
November 25 2020

Manufacturing, consumers help drive Dow, other indexes to new highs.

December 9 2020
Equity . Markets/Economy .
Article Gift ideas?
November 25 2020

The market is offering a lot of options.

December 9 2020
Equity . Active Management .
Article Value's smorgasbord
November 24 2020

3 varieties of value stocks offer opportunities.

November 20 2020
Markets/Economy . Fixed Income .
Article Mixed bag
November 23 2020

Weekly Bond Commentary

November 20 2020
Markets/Economy . Liquidity .
Article Open house
November 23 2020

Weekly Cash Commentary

November 20 2020
Markets/Economy . Equity .
Article Seeing a glass half full
November 20 2020

Plenty of reasons to be optimistic.

December 21 2020
Equity . Markets/Economy .
Article 'With food, we can get a lot more'
November 20 2020

With more fiscal stimulus, the market can too.

December 9 2020
Fixed Income . Markets/Economy .
Article Cautiously optimistic on high yield
November 19 2020

2020's sure been volatile. 2021 could be better.

November 16 2020
Fixed Income . Markets/Economy .
Article Virus news pits optimism vs pessimism
November 16 2020

Weekly Bond Commentary

November 16 2020
Liquidity . Markets/Economy .
Article Looking for an early holiday gift
November 16 2020

Weekly Cash Commentary

November 13 2020
Equity . Politics .
Article Leavin' on the midnight train
November 13 2020

We're going to be hearing about Georgia ad nauseam in coming weeks.

November 13 2020
Markets/Economy . Politics .
Article Post-election postmortem
November 13 2020

Market’s attention shifts to the Senate.

November 25 2020
Politics . Equity .
Article It's all bullish
November 9 2020

Election outcome 1 of 5 reasons risk assets are on a tear.

November 9 2020
Markets/Economy . Liquidity .
Article Tiring of waiting
November 9 2020

Weekly Cash Commentary

November 9 2020
Markets/Economy . Fixed Income .
Article Labor market improving
November 9 2020

Weekly Bond Commentary

November 25 2020
Politics . Markets/Economy .
Article What lies ahead? November 7 2020

Key Federated Hermes investment professionals weigh in on election's implications.

November 6 2020
Markets/Economy . Politics .
Article Solid October jobs report
November 6 2020

The labor market continues its positive momentum.

November 6 2020
Politics . Equity .
Article It's temporary!!!
November 6 2020

A razor-thin margin outcome is enough to make the market dance.

November 9 2020
Politics . Equity .
Article Divided we stand
November 4 2020

Presidential result could take days but Senate holds Red and divided government assured.

November 9 2020
Politics . Volatility .
Article No decision!
November 4 2020

Lack of presidential outcome leads to market uncertainty.

November 2 2020
Politics . Equity .
Article Election likely to highlight near-term vulnerabilities
November 2 2020

Try to stay focused on long view, which is good in almost any outcome.

November 2 2020
Liquidity . Markets/Economy .
Article Fed meeting sneaks up on the markets
November 2 2020

Weekly Cash Commentary

November 2 2020
Markets/Economy . Fixed Income .
Article Everything is relative this year
November 2 2020

Weekly Bond Commentary

October 30 2020
Politics . Equity .
Article Crickets
October 30 2020

Might a silent majority favoring Trump pull another election surprise? 

October 30 2020
Markets/Economy . Equity .
Article 'Zarnowitz Rule' lives on
October 30 2020

Despite Q3's blowout GDP figure, the U.S. likely will need a few more quarters to break even.

October 28 2020
Equity . Politics .
Article What's behind the sell-off?
October 28 2020

Spiking Covid cases, no extra stimulus and a possible contested election.

October 27 2020
Politics . Fiscal Policy .
Article No matter the winner, more stimulus is coming
October 27 2020

A fiscal policy win regardless of outcome has markets looking past Nov. 3.

November 4 2020
Equity . Politics .
Article This year's election winner? Next year's equity market
October 26 2020

2021 is setting up nicely for stocks regardless of who wins.

October 26 2020
Markets/Economy . Liquidity .
Article Concerns amid improvement
October 26 2020

Weekly Cash Commentary

October 24 2020
Politics . Equity .
Article Pumpkin spice popcorn ... m'm, m'm, m'm
October 23 2020

The race could tighten but whatever happens, the market should be fine.

October 19 2020
Fixed Income . Markets/Economy .
Article Whither goes the economy?
October 19 2020

Weekly Bond Commentary

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

Weekly Cash Commentary

October 16 2020
Markets/Economy . Equity .
Article Consumer bounce
October 16 2020

A strong end to Back-to-School sales bodes well for the holiday shopping season.

October 16 2020
Equity . International/Global .
Article Is anyone nonpartisan?
October 16 2020

Dollar weakness could make for opportunities overseas.

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
Equity . Markets/Economy .
Article Inflation's worst enemies? Innovation and adaptability
October 13 2020

The accelerating and global use of new technologies are keeping prices in check.

October 12 2020
Markets/Economy . Fixed Income .
Article Debates all around
October 12 2020

Weekly Bond Commentary

October 12 2020
Liquidity . Markets/Economy .
Article It's often how you say it
October 12 2020

Weekly Cash Commentary

October 9 2020
Politics . Equity .
Article Now what's priced in??
October 9 2020

A contested election is consensus, with little worry about who ultimately wins.

October 9 2020
Markets/Economy . Equity .
Article Inversion reversion?
October 9 2020

Why are stocks rising in the face of a potential Blue Wave?

November 4 2020
Fixed Income . Politics .
Article Be ready for anything
October 8 2020

A disputed election headlines potential risks heading into year-end.

October 6 2020
Liquidity . Markets/Economy .
Article Positive signs
October 5 2020

Weekly Cash Commentary

October 6 2020
Fixed Income . Markets/Economy .
Article Modest gains in employment
October 5 2020

Weekly Bond Commentary

October 2 2020
Politics . Equity .
Article An October surprise
October 2 2020

It may not matter all that much to the market.

October 2 2020
Markets/Economy . Equity .
Article Looking beyond the headlines
October 2 2020

Jobs report better than headline number, and Trump's illness might prompt fiscal aid.

October 13 2020
Politics . Equity .
Article Our election framework
October 2 2020

A simple guide to a very complicated set of possibilities.

September 28 2020
Fixed Income . Markets/Economy .
Article Housing market stays hot
September 28 2020

Weekly Bond Commentary

September 28 2020
Liquidity . Markets/Economy .
Article Hammering the message home
September 28 2020

Weekly Cash Commentary

September 25 2020
Politics . Markets/Economy .
Article 'The Republic will live.' So said Tilden
September 25 2020

Virus and election risks weigh on investors.

September 28 2020
Markets/Economy . Politics .
Article Buckle your seatbelt
September 25 2020

A presidential debate primer.

October 2 2020
Responsible Investing . Politics .
Article Energy is on the ballot
September 22 2020

2020 elections have significant ESG implications.

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

Weekly Cash Commentary

September 25 2020
Fixed Income . Markets/Economy .
Article Is the economy better or less-worse?
September 21 2020

Weekly Bond Commentary

September 18 2020
Markets/Economy . Equity .
Article Retail sales slow
September 18 2020

Quirky back-to-school shopping contributed. 

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
Politics . Taxes .
Article I'm going to need more than popcorn!
September 15 2020

With polls tightening and debates around the corner, it's getting very interesting.

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

Weekly Cash Commentary

September 16 2020
Fixed Income . Markets/Economy .
Article Uncertainly lurks behind improving business sentiment
September 14 2020

Weekly Bond Commentary

September 29 2020
Equity . Active Management .
Article The rotation begins as the waiting game continues
September 11 2020

Why we think the rotation out of tech could have legs over the next 6 months.

September 10 2020
Equity . Active Management .
Article 'The markets are in a raging mania'
September 11 2020

Can't say I agree with my fellow Pittsburgher. But markets may be re-evaluating leadership.

September 10 2020
Markets/Economy . Fixed Income .
Article Dramatics and drama
September 8 2020

Weekly Bond 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 4 2020
Markets/Economy . Equity .
Article Halfway home
September 4 2020

Led by the household survey, the labor market continues to heal.

September 4 2020
Liquidity . Markets/Economy .
Article Prime reasons for money markets
September 4 2020

They provide short-term funding that oils the economy's gears.

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.

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 21 2020
Active Management . Equity .
Article You've got to ask yourself one question
August 21 2020

Is it a bubble?

August 21 2020
Markets/Economy . Liquidity .
Article Dueling conventions
August 21 2020

Dems took the first swing; now the GOP gets its chance.

August 26 2020
Equity . Active Management .
Article Looking beyond 'Big Tech'
August 18 2020

Emerging innovators, and not the behemoths, may point way to long-term growth.

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

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

August 24 2020
Markets/Economy . Politics .
Article Immigrants key drivers of U.S. economy
August 13 2020

Create a safe, legal immigration framework for foreign workers.

September 8 2020
Active Management . Equity .
Article Federated Hermes tilts toward value
August 12 2020

Stock-bond model keeps 2% equity overweight but shifts from growth bias.

September 10 2020
Fixed Income . Markets/Economy .
Article Getting Better?
August 7 2020

Weekly bond commentary

August 20 2020
Equity . Markets/Economy .
Article I've never worn my new Pradas
August 7 2020

Some aspects of life and the economy are getting back to normal quicker than others.

September 8 2020
Fixed Income . Markets/Economy .
Article Still 'hmm' on high yield
August 6 2020

Liquidity is abundant but fundamentals remain iffy.

September 10 2020
Fixed Income . Markets/Economy .
Article Second Quarter GDP: dreadful, horrible, terrible, etc.
August 3 2020

Weekly bond commentary

September 8 2020
Equity . Markets/Economy .
Article We see what we want to see
July 31 2020

Our humanness can trip us up when it comes to investing.

September 10 2020
Fixed Income . Markets/Economy .
Article Housing market benefiting from low rates
July 24 2020

Weekly bond commentary

September 8 2020
Politics . Equity .
Article The strangest election in history
July 24 2020

Election Day may be nearing but the market doesn't seem all that invested.

September 8 2020
Equity . Markets/Economy .
Article Fiscal policy matters
July 10 2020

Any proposal for a Phase 4 stimulus package must balance when and how to bring Americans back to work safely.

August 21 2020
Responsible Investing . Coronavirus .
Article Remember the environmental
July 7 2020

Even as coronavirus impacts our lives, we can't ignore the long-term consequences of climate change.