Japan Prepares To Enter A New Frontier

 February 23, 2024 |Michael Capobianco
Good Morning, The Nikkei 225 just passed its record high reached 34 years ago, despite the Japanese economy being in recession. So what are the factors behind investors’ enthusiasm, despite the underwhelming macroeconomic backdrop ? How should investors...
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Fixed Income Inflation Protection

 February 16, 2024 |Michael Capobianco
Geopolitical tensions and policy uncertainty are contributing to a murky economic outlook around supply chain disruptions—and their possible impact on inflation. Today we’ll examine the monetary policy landscape and the potential role of fixed income...
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Are Commercial Real Estate Loans A Threat To The Banking System ?

 February 09, 2024 |Michael Capobianco
A year on from the collapse of several regional U.S. banks, a new fear emerges: mounting losses on real estate loans. Despite the hard realities, there’s also a fair dose of hyped exaggeration at play. The U.S. banking system is healthy and able to weather...
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Powell's Timing Is Too Precise

 February 02, 2024 |Michael Capobianco
Fed Chair Jerome Powell tried to push back on near-term rate cut expectations this week, but markets shoved right back. Pricing this week suggests markets remain concerned that if the Fed waits too long to start cutting rates policymakers will only have...
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