May 2023 Market Update

May 11, 2023

Our analysis of recent data leads us to conclude that key parts of U.S. GDP are still expanding, despite the impact of higher interest rates, inflation, and...

April 2023 Market Update

April 12, 2023

The pace of home improvement activity is poised to slow in 2023, according to the Leading Indicator of Remodeling Activity (LIRA) from Harvard University’s Joint Center for...

March 2023 Market Update

March 2, 2023

Inflation pressures eased again last month in the U.S., continuing a downward trend that began last summer, this based on the Consumer Price Index report released on...

February 2023 Market Update

February 3, 2023

The dollar has dropped 5% from its cycle highs over the past two months, failing as the outlook for further aggressive rate hikes has cooled.  The greenback...

January 2023 Market Update

January 4, 2023

The housing industry was an important contributor to the U.S. economic recovery from the pandemic, but high prices and high interest rates have recently cooled the market.

December 2022 Market Update

December 7, 2022

We think that the big move higher in longer-duration U.S. Treasury yields has already occurred this cycle, and that yields may drift only modestly higher in 2023. ...