November 2023 Market Update

November 8, 2023

As U.S. interest rates have surged, yield-hungry investors are moving toward U.S. securities to take advantage, thus boosting the dollar.

October 2023 Market Update

October 11, 2023

The U.S. economy generated 336,000 new jobs in September, well above our forecast and consensus expectations.

September 2023 Market Update

September 13, 2023

As we see it, economic trends in China bear watching closely — for many reasons. China is an $18 trillion economy and represents about 19% of the...

August 2023 Market Update

August 2, 2023

In 2033, real GDP might be growing at 1.7%, the un-employment rate might be 4.2%, CPI might be running at 2.2%, PCE inflation might be 2%, the...

July 2023 Market Update

July 7, 2023

Total public debt owed by the U.S. federal government was $31.5 trillion at the end of 1Q23.  Outside of U.S. investors, the two largest holders of the...

June 2023 Market Update

June 8, 2023

Recent date indicates that key components of U.S. GDP are still expanding, despite the impact of higher interest rates, inflation, and geopolitical developments.  That said, growth is...