KEY TAKEAWAYS Stocks have benefited recently from increasing hopes of a Fed rate cut, although investors probably won’t get one this week. Stocks’ historical performance after initial Fed rate cuts has been mostly positive, but it has been greatly dependent on the...
KEY TAKEAWAYS The Federal Reserve is scheduled to announce its next policy decision June 19. We think a language change is more likely than a policy change at this meeting. Economic fundamentals are still sound, but the Fed must address plans to mitigate trade risk....
ECONOMY: SIGNS OF ECONOMIC RESILIENCE IN MAY U.S. economic data improved in May on balance, even as investors battled a resurgence in U.S.-China trade tensions. Leading indicators signaled low odds of a recession in the coming year. The Conference Board’s Leading...
KEY TAKEAWAYS Policy uncertainty remains high, particularly around trade. While it is good news that an agreement was reached with Mexico over the weekend to avoid those tariffs, a trade deal with China is unlikely until more economic pain is incurred by both China...
KEY TAKEAWAYS This economic expansion is now one of the longest on record. Trade tensions have threatened growth, but economic data still appear sound. If the trade dispute continues, the Fed could be forced to intervene. Click here to download a PDF of this report....
Trade tensions have interrupted an unusually calm year in U.S. stocks. In May, the S&P 500 Index fell from an April 30 record high as the United States and China failed to reach a trade deal and escalated tariff tensions. The United States also proposed new...
