Market Commentary

Timely takes on markets and the economy.

Market Commentary content

Bond Insights

However, while the risk for a wave of downgrades has waned, yields are low relative to comparable alternatives.
Bond Insights

Although a modest rise in inflation may lift longer-term bond yields, investors can take steps to navigate the changes.
Bond Insights

Although we expect higher prices over the next few years, a return to that level of inflation is unlikely.
Market Commentary

Liz Ann Sonders shares her perspective on the U.S. stock market and economy in this monthly Market Snapshot video.
Market Commentary

The constraint on global growth this year has evolved from the supply of vaccines to the supply of nearly everything else. Raw materials, intermediate goods including semiconductors, and even labor seem to be in short supply. This environment risks a stall in output, earnings and job growth while pushing prices higher. Commodity prices are soaring at a pace not seen since the Carter administration.

Is Stagflation Back?
Market Commentary

The shortage of supplies indicates risk of economic weakness coupled with rising prices.
What’s Working? Two Ideas For Investors
Market Commentary

In recent months, two investment themes have been rewarding investors with outperformance: defense sector companies and those participating in share buybacks.
Pump it Up: Earnings Season Starts Off Strong
Market Commentary

Although earnings season has a ways to go, the results have been strong enough to significantly boost growth expectations, while also easing some valuation concerns.
Market Commentary

As the calendar turns to spring, Washington seems to be finally catching its breath after a frantic first quarter of 2021, which began with riots at the US Capitol and continued through the inauguration of a new president, the impeachment of the previous president, and the remarkably quick passage of a $1.9 trillion economic stimulus bill—the second-largest stimulus package ever signed into law.

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