European Expansion Is Alive And Well

 May 28, 2021 |Michael Capobianco
The European economy is reviving faster than most observers expected—so much so that it’s sparked a debate about when the European Central Bank should consider increasing interest rates. Yet we think monetary policy will stay loose for some time. We explore...
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The Fed Continues To Stand Pat

 May 21, 2021 |Michael Capobianco
It was bound to happen sooner or later, but talk of the Fed dialing back its asset purchase program briefly rattled markets this week. While central banks will inevitably reduce support, we expect accommodation to remain in place for years. Markets were...
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The Inflationary Red Herring

 May 14, 2021 |Michael Capobianco

Worries of longer term inflation continue to fan fears of an economic slowdown. These concerns are largely unfounded. While input and consumer prices move higher, this will likely subside as we move into the 2nd half of 2021.

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As Earnings Growth Continues Optimism Will Endure

 May 07, 2021 |Michael Capobianco
Corporate earnings have started the year off as expected – with a bang. Strong GDP growth is expected, but the market response has been tame. Let’s examine the trends that could drive future earnings expansion, and why investors should focus on the future...
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