Author: James Liu, CFA. Founder and Head of Research, Clearnomics The market recovery has hit a bump due to uncertainty around interest rates and the Fed. Rates have driven markets all year with significant impacts on stock and bond prices, economic growth, the housing market, and more. In an environment like this, market expectations matter just as much, if not more, as the actual numbers, and this is reflected in the yield curve. Today...
Author: James Liu, CFA. Founder and Head of Research, Clearnomics The last two years have been the perfect storm for inflation. Not only have these trends not let up, they have also accelerated. Rising prices affect all aspects of the economy, from the Fed's macroeconomic policies to the microeconomic decisions of households and businesses. Concerns over the impact of inflation on interest rates, consumer spending and corporate profits have pushed the broad market back toward...
Author: James Liu, CFA. Founder and Head of Research, Clearnomics Perhaps nothing summarizes the investor experience better than the old quote that "nothing worth doing is easy." The current market environment, as uncomfortable as it may be, serves as a reminder that staying invested is difficult. The very definition of investing involves sacrificing what we could buy and consume today in order to achieve more tomorrow. Over long periods, this is how all investors can...
For some investors it may feel as if the market can’t catch a break. After what has already been a difficult start to the year, last week’s GDP report confirmed that economic growth slowed for the first time since the pandemic began.
Markets have shown greater signs of stability since the Fed's rate hike announcement two weeks ago. Not only was it widely expected, but many investors believe the Fed should tighten even further. This is because,
An article from Capital Group on the Russia-Ukraine conflict
