September Scaries A curious thing tends to happen around this time of year: Markets get jumpy. The seasonal explanation is that investors returning from summer vacations start preparing their portfolios for the remainder of the year. If there’s rebalancing, it can pull money out of top-performing assets. But this year, although we could have almost…Read more
At a Glance The jobs report for August marks the return of market-moving macro news. In particular, economists will be focusing on job growth, wage growth, as well as the balance between labor supply and demand. The last jobs report was mixed, as was the market reaction: On one hand, the economy lost jobs and…Read more
Uncle Sam Never Stops Borrowing If you follow financial news, you’ve probably noticed that debt is back in the headlines. There’s a lot of chatter about tech companies borrowing heavily to fund artificial intelligence infrastructure. There’s also more attention being paid to the growing federal budget deficit due to recent Treasury Department efforts to quell…Read more
