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Weekly Economic Commentary

Have rising bond yields forced action on the Strait of Hormuz when rising consumer inflation rates couldn’t? If so, it wouldn’t be the first time that bond markets flexed their muscles, and it won’t be the

Inflation Came In Hot Which Cooled Equity Markets

Executive Summary  Most major U.S. stock indexes finished last week lower as optimism surrounding large-cap technology and artificial intelligence (AI)-related stocks was largely outweighed by concerns around accelerating inflation, rising Treasury yields,

Weekly Economic Commentary

The world may not be awash in oil and gas right now, but there is a healthy supply of ministerial- level meetings discussing the oil and gas problem. Most of
A New Chapter for the 401(k): Access to Private Markets

A New Chapter for the 401(k): Access to Private Markets

U.S. retirement plans hold roughly $13.8 trillion in assets, with 401(k)s alone accounting for an estimated $8.7 trillion. For decades, that money has been almost entirely confined to public markets. That may be changing.   Last August, President

Weekly Economic Commentary

The healthy US job growth reported on May 8— not only the 115,000 net new jobs created but also the distribution of those jobs across a number of economic sectors — has

Middle East Uncertainty in the Face of Fundamental Earnings

indexes to new highs. A strong employment report bolstered hopes that the U.S. economy remains resilient in the face of higher energy prices as a result of the Iran war.  Technology and growth stocks led