Blog

2023 Q2 Recap & Outlook

After 10 consecutive rate hikes and 500 basis points of total tightening, the Fed paused in June, reserving the right to resume raising rates later if necessary. This was expected considering the recent stress in the banking system immediately following Silicon Valley...

Fed Pause

For the first time in 18 months, the Federal Reserve decided to pause its aggressive rate hiking campaign and maintain the target range for the federal funds rate at 5 to 5.25%. The central bank began a restrictive monetary policy back in March 2022 and continued to...

2023 Q1 Recap & Outlook

If there’s such a thing as the opposite of the beginning of 2022 for markets, that’s exactly what happened in the first quarter this year. The S&P 500 gained 7.5%, and the NASDAQ jumped 20.8% after a very difficult 2022 for both. Bonds gained modestly last quarter...

Unintended Consequences

Tuesday, March 7 Federal Reserve Chairman Jerome Powell testified in front of the Senate Banking Committee. His message was hawkish as the Fed Chair discussed not only the persistence of inflation (and the committee’s plan to continue raising interest rates), but also...

317-559-1700

Our Latest Blog Post