Congress is tying up some loose ends as it prepares to pass a temporary spending bill that will keep the government open into December. A government shutdown is highly unlikely.
Is the Fed overstating the need for further rate hikes to quell inflation, or is it underestimating the hardship additional increases will have?
September 13, 2022
Recently, it has seemed that the New York Yankees and congressional Republicans were on similar paths – insurmountable leads that have dwindled. We look at some potential policy ramifications following the election and at the political outlook for November.
August 29, 2022
Home sales are sluggish, yet prices are extremely elevated. While some measures of housing activity – and the broader economy – are signaling a significant downturn, and even the possibility of a recession, others indicate there are still opportunities in the market.
August 23, 2022
Despite relief at the pump, rising costs elsewhere continue to keep spending modest. Consumers are still shopping, but the broad-based increase in inflation has the average American adjusting their spending behaviors, buying fewer and less expensive goods.
July 25, 2022
2022 has been a tough year for investors. As we pass midyear, we take a look back at what happened and why, and we then share reasons investors should keep composure despite these challenges and be more optimistic looking forward.
July 15, 2022
As we pass midyear, we believe it helpful to look back and objectively assess how these balancing acts have played out so far, before we look forward to the remainder of the year and beyond. We set the stage for this look forward to the second half of 2022 and beyond by first sharing Part 1: How did we get here?
July 8, 2022
We unpack the relationship between market rates and anticipated Federal Reserve action in the first half of 2022, review forecasts for the next 18 months, and then answer the question: Is this positive relief, or is there trouble ahead?
June 24, 2022
We review the concept of supply-demand in economic theory, how some topics we’ve been talking about – higher demand and supply constraints – are causing inflation to go vertical, and what that might mean for future inflation.
June 17, 2022
This environment, more than others, is uncertain. In such a setting, we find it helpful to define and evaluate scenarios based on what might happen, how likely it is to happen, and the corresponding economic and market implications.
May 20, 2022
We share some insights from our webinar with Dr. Lindsey Piegza, Stifel’s Chief Economist, and Brian Gardner, Stifel’s Chief Washington Policy Strategist, where we discussed this unusual economic, political, and market environment.
April 1 2022
Pandemic-driven supply/demand imbalances and the Ukraine war are putting upward pressure on prices. Investors are anticipating another 200 bps of tightening by the Federal Reserve (Fed). Will this be enough to cool inflation?