Since their respective highs on February 19, the S&P 500 and Nasdaq Composite have fallen -13.7% and -19.3% through Friday, April 4....

The market narrative during the last month has been consistent with the expectation we shared in our last client letter, that policy...

Despite the fact that many leading economic indicators in recent years have been warning that a recession was just on the horizon, 2024...

Every month, our two favorite event-driven portfolio managers (both sporting 5 Stars on Morningstar in the 1, 3, 5, AND 10-year...

Last month, we explained that interest rates were expected to stay higher for longer because inflation had become stubborn. Core PCE was...

Interest rates will stay higher for longer. Following its April 30-May 1 meeting, the FOMC made clear that inflation has not sufficiently...