The latest edition of the Fed’s Beige Book indicates that the negative headwinds that have held the U.S. economy back over the past five years may be declining...

There are six notable trends in buying/selling in the stock market. Stocks are being purchased by corporations and individuals; however, foreigners, hedge funds, institutions and insiders are net sellers.

The macro backdrop last week was positive for the markets. As expected, the European Central Bank (ECB) cut interest rates, highlighting the favorable global monetary policy backdrop. Closer to home, solid vehicle sales and a good May labor marke...

As markets brace for this week, we continue to expect that the U.S. and global economies will accelerate in 2014 relative to 2013’s growth rate...

The recent direction and pace of change in bond yields and the stock market is not unusual or inconsistent with the environment of the past five years

Another week brought another record close for equities. The S&P 500 Index increased 1.2% for the week (1), notching a new high, but investor attention appeared to be focused elsewhere. Low levels of market volatility, a pickup in M&A activity, a ...

We don’t think the economic weakness in Q1 is the start of another recession, and, indeed, we continue to expect that real GDP will expand 3.0% in all of 2014...

For the third year in a row, the summer driving season kicked off with national gasoline prices at $3.67 per gallon, according to data from the U.S. Department of Energy. Prices at the pump are below the $3.80 – $4.00 danger zone where they contr...

One obvious consequence of the information technology revolution has been an explosion of news and noise.  We are bombarded daily with information and commentary that comes at us online, in print, and over various airwaves. This information...