A Record-Long Expansion | Weekly Economic Commentary | June 10, 2019

KEY TAKEAWAYS This economic expansion is now one of the longest on record. Trade tensions have threatened growth, but economic data still appear sound. If the trade dispute continues, the Fed could be forced to intervene. Click here to download a PDF of this report....

Trade and Tariffs | Client Letter | June 6, 2019

Trade tensions have interrupted an unusually calm year in U.S. stocks. In May, the S&P 500 Index fell from an April 30 record high as the United States and China failed to reach a trade deal and escalated tariff tensions. The United States also proposed new...

The Baffling Bond Market | Weekly Economic Commentary | June 3, 2019

KEY TAKEAWAYS The 10-year Treasury yield has declined at a rapid pace. Economic fundamentals still look sound, even as yields send cautious signals. Investors around the world have rushed into Treasuries for income, safety, and liquidity. Click here to download a PDF...