Investment Strategy

MARKETS & INVESTING March 24, 2023   Review the latest portfolio strategy commentary from Mike Gibbs, managing director of Equity Portfolio and Technical Strategy. As bank contagion fears subsided, equities rallied over the past week. The banking industry will cut back on lending even more in the aftermath, raising the odds of economic contraction ahead. But […]

MARKETS & INVESTING March 22, 2023   Indications from the central bank are that its tightening cycle is drawing to a close. At the March 2023 Federal Open Market Committee (FOMC) meeting, the Federal Reserve (Fed) raised the federal funds rate by 25 basis points (bps). The Fed’s pace has slowed in recent months, with […]

MARKETS & INVESTING March 20, 2023   Doug Drabik discusses fixed income market conditions and offers insight for bond investors. Much is happening with the economy, policy, media and ultimately the markets. There are multiple angles to every story creating convoluted information evaluation. As emotions intensify, the recipe is set for impulsive and/or irrational behavior […]

MARKETS & INVESTING March 10, 2023   Review the latest Weekly Headings by CIO Larry Adam. Key Takeaways The vast majority of the Fed’s work is already done Labor market slowdown has yet to arrive Slower glide path to lower inflation likely According to the Farmer’s Almanac, when March ‘comes in like a lion, it […]