May 2024 Market Update

May 14, 2024

A systematic approach to understanding potential actions is more important than ever. The Fed’s Monetary Policy Report contains a section on “Monetary Policy Rules.”

April 2024 Market Update

April 9, 2024

Yields on Treasury bonds have been rising in recent weeks on concerns over stubbornly high inflation.

March 2024 Market Update

March 12, 2024

After a stressful fall — when the VIX Volatility Index climbed to 22 in October — the important “fear index” has calmed and the S&P500 has pushed...

February 2024 Market Update

February 13, 2024

Our analysis of recent data leads us to conclude that U.S. consumers have more horsepower than we thought.

January 2024 Market Update

January 4, 2024

Recently, the 30-year mortgage rate dipped below 7% for the first time since August and the 10-year Treasury yield dropped below 4% for the first time since...

December 2023 Market Update

December 6, 2023

The third-quarter earnings season is largely completed. As usual, it turned out much better than Wall Street expected.