In the last few years, portfolios and financial plans have been tested by the pandemic, the highest inflation rates since the 1980s, global conflicts, political uncertainty, asset bubbles, and swiftly shifting monetary policy. Even when times are otherwise calm and markets are steadily rising, including from 2009 to 2020, investors and the media always find reasons to be worried. So, while it's important to understand the individual issues, it's perhaps more important to maintain a...
The recent failure of three U.S. banks has raised concerns over the economy and financial system. The situation is still evolving and there is plenty of speculation as to what might come next.
Over the past week, there has been nonstop news coverage on the federal government hitting the $31.4 trillion borrowing limit known as the debt ceiling. This once again puts Washington drama on center stage as the Treasury Department enacts "extraordinary measures" to not default on its obligations. Although this has become a regular occurrence, many investors are still understandably nervous. While it's unclear how this will play out politically before the estimated June 5 deadline...
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, the...
