Macro Research

The Inflation Clock is Ticking on Earnings as Gulf Hints at 2022-redux in 2026


War in the Middle East and closure of the Strait of Hormuz has resulted in…

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A Deep Dive: When Will Hyperscalers Get Their Hype Back?

U.S. stocks remain off their highs and despite some relative performance improvement since the war…

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When Defense Wins Ballgames: Job Losses and Oil Price Gains

U.S. large cap stocks have broken down through the key 100-day moving average support level…

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Private Credit Concerns Fail to Fluster Bonds, Have Stocks on Edge

It is no secret that private credit redemptions are rising as concerns about default risk…

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War in the Middle East: Outcomes Center on Oil’s Cue

Geopolitical risks may weigh on the outlook for stocks in the short run, with the…

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The Tariff Beatings May Continue Until the Trade Deficit Improves

Trade policy may remain a source of anxiety for markets for some time to come….

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Market Sense – A Deep Dive: Economic and Market Lessons from Innovation Eras Past

Lessons from the internet buildout at the turn of the century and productivity boom in…

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Don’t Ignore Inflation Risk in 2026

Elevated fiscal spending, easy monetary policy, trade tensions and geopolitical strains may imply inflation risk…

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Gold and Silver are Glittering Like its 1979

Metals prices are breaking records so far in 2026, hitting new all-time price highs and…

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Even Without an Ease, The Fed is Still Easy

The FOMC paused rate cuts in January, with stabilizing labor markets and inflation pressures offering…

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Jobs Market Continues to Signal Poor Economy

The jobs market has signaled a weak economy for years, even as other indicators such…

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