Market Commentary

Timely takes on markets and the economy.

Market Commentary

Find Market Commentary content

Refine results

Fed Hikes in 12-0 Vote, Commits to Inflation Fight

Fed policymakers unanimously voted to raise rates 25 basis points, the first hike since 2023, and vowed to fight inflation. Another hike is seen this year, but 2027 is in question.

image of a series of ropes ties together
Bond Insights

Do Munis Still Deserve a Place in Your Portfolio?

Municipal bonds might still offer attractive tax-advantaged income and relatively stable credit quality for investors who understand the risks.

European Stocks: Reasons to Reconsider

European equities may have support from global growth, improving fundamentals, lower relative valuations, and fiscal spending—plus diversification from the AI cycle.

On Investing
On Investing

The Housing Market's Demographic Reckoning (With Ivy Zelman)

Housing market expert Ivy Zelman explains why long-term demographic trends could have far-reaching implications for growth and housing demand.

Market Outlook

Take a Hike: Rate Hikes and Market Impacts

History suggests slower Fed tightening tends to support stronger market returns and firmer economic growth, while faster hikes typically deepen drawdowns.

On Investing logo
On Investing

Warsh's Hawkish Turn: What It May Mean for Investors

Liz Ann Sonders and Collin Martin discuss why the speed and purpose of rate hikes may matter more than any specific interest-rate level.

Songs of Experience: Reminiscences of a Strategist

It's been 40 years since I began my career on Wall Street and the lessons I learned along the way from some all-time investment greats always hold true.

Investing in Pre-IPO Shares Via Private Markets

Specialized private marketplaces may make it possible for eligible investors to access some private company stock before the company goes public.

On Investing logo
On Investing

The Bond Market Strikes Back

Liz Ann Sonders and Collin Martin discuss why inflation remains elevated and what a potentially more inflation-prone economic era may mean for investors.