Predictive Powers of the S&P 500 Average Return (and a Discussion on Risk)
We recently published an article on the futility of the annual stock market forecast “rodeo” among Wall Street analysts (and it is still safe [...]
US Economic Update October 2022
COVID REALIGNMENT CONTINUES Economic expansion returned in the third quarter after two consecutive declines. The latest GDP report came in at 2.6%, bringing growth [...]
Who are the Bond Vigilantes?
With interest rates rising we are seeing an old term recycled by the popular press – the Bond Vigilante. But who are these vigilantes [...]
CCM Commentary Q3/2022
MARKET SUMMARY: S&P 500 stocks declined 4.8% in the third quarter, marking their third consecutive losing quarter in 2022 and bringing their loss for [...]
US Economic Update August 2022
Jackson Hole Reality Check The August speech at Jackson Hole by Federal Reserve Chairman Jerome Powell turned the tide on US markets. Many market [...]