Looking Forward to 2022
Our expectation is that the economy will behave in 2022 largely as it did in 2021, with some important caveats.
The Market Vs. The Fed: the Main Event
With the Fed and the Market in contention, which side will win?
A Year-End Rally?
Is the market defying gravity, or are there reasons to expect a year-end rally?
Will the Fed Ever Taper its Purchasing Program?
The Fed made no announcements about tapering purchasing programs at Jackson Hole. When will it finally happen? And how will markets react?
Earnings Season
Earnings Pop, Delta variant may be peaking, and conventional valuation metrics still extended
Is the Reflation Trade Starting to Deflate?
The Fed announced it is moving up the timetable for a rate increase from 2024 to 2023, sparking concerns that the Fed may be raising rates too soon.