Market Commentary

The recent volatility commenced with January’s unemployment data that far exceeded anyone’s estimates by a large factor.  All are expecting revisions in the

Longer date bond yields appear to be realizing that inflation is perhaps here to stay.  Term premium—essentially

Federal Reserve officials said interest rates will need to increase further and stay elevated into next year to curb inflation showing

The month has ended with the financial landscape looking rather different than the end of January.  Just four weeks ago, disinflation was

Fed Governor Phillip Johnson rejected arguments for raising the Fed’s 2% inflation goal stating, “changing it could destabilize well

The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January. Consumer spending surged after a

Equities were volatile yesterday, at one time sending the markets lower for the fifth consecutive day, the longest stretch since early December.  The selloff was led by the same companies that

The Minutes from the recent Fed meeting were largely a non-event. The Committee stated “Participants observed that a restrictive policy stance would need to be maintained until the incoming data provided

The renewed surge in Treasury yields was the catalyst for a slide in equities, with geopolitical tensions and dire forecasts from bellwethers WMT and HD further souring the

Is the market coming to the realization that the overnight rate is going higher?  In about 2 weeks monetary policy expectations have changed about