Investment Strategy
The big beautiful bill: Stimulus now, tightening later
Economy & Policy May 23, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. While official estimates remain fluid and subject to change, our preliminary analysis at the time of this writing suggests that the House Reconciliation Proposal could significantly increase the national debt over the next decade. In addition to the continuation and […]
Growing U.S. debt – trouble ahead?
May 19, 2025 Doug Drabik discusses fixed income market conditions and offers insight for bond investors. Click here to enlarge Last week I talked about the upward sloping Treasury yield curve, a welcome change from the inverted yield curve that lingered for years. The upward sloping curve means that investors are rewarded more for taking […]
Market turnaround raises question: Where do we go from here?
Markets & Investing May 16, 2025 Review the latest Weekly Headings by CIO Larry Adam. Key Takeaways Equity rally starting to feel stretched as investor sentiment makes a u-turn Do not overlook valuations: S&P 500’s P/E is looking pricey Looking ahead, sector differentiation is likely to play a greater role What a difference a month makes. President […]
A universe of potential opportunity lies beyond the public markets
Markets & Investing Technology and trends have made individual investors an important part of the private market. As a symbol of economic vibrancy and opportunity, it’s hard to beat the public market. Its storied venues, where everything from butter to trillion-dollar tech companies are bought and sold, are a foundation of the modern world. But […]