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Please find the next blog in our monthly series that provides a review of the prior month’s market data, the state of the economy, and the global financial markets. Global Economy: An eventful January saw the US Senate tilt in the Democrats’ favor, a riot at the US capital building,

2020 HighlightsThe Covid-19 Pandemic was the dominant force impacting the global economy in 2020, leading to the first recession since the Global Financial Crises and most severe global recession since World War II. Despite the headwinds from Pandemic-related shutdowns, unprecedented Central Bank measures and large fiscal stimulus packages both in

Please find the next blog in our monthly series that provides a review of the prior month’s market data, the state of the economy, and the global financial markets. Global Economy: Global equity markets had another positive month as the Pfizer and Moderna vaccines began to be administered around the

Below is a brief summary of yesterday’s FOMC statement. Rates In their final meeting of 2020, the FOMC voted to keep the Fed Funds target rate unchanged within the 0.00% to 0.25% range. This outcome was widely expected, and all committee members voted in favor of the action. The forward

Overview The pandemic-induced downward spiral in the credit and equity markets which began in February was halted largely on the strength of historic actions by the Fed and Treasury. By Mid-March they had announced rescue programs including bond buying, interest rates at zero, loan programs, stimulus checks, and enhanced unemployment

Please find the next blog in our monthly series that provides a review of the prior month’s market data, the state of the economy, and the global financial markets. Global Economy: Global equity markets rallied in the month as investors cheered a barrage of positive COVID-19 vaccine news. Encouraging data

Please find the next blog in our monthly series that provides a review of the prior month’s market data, the state of the economy, and the global financial markets. Global Economy: The US and Euro-area economies both soared to record GDP growth in the 3rd quarter following the previous quarter’s

Background Joe Biden secured the majority of the electoral college votes (exceeding 270) to become President-Elect. Currently, it seems likely that Republicans will maintain control of the Senate and Democrats will hold majority in the House of Representatives. A split Congress should lead to continued gridlock, making it more difficult

Please find the next blog in our monthly series that provides a review of the prior month’s market data, the state of the economy, and the global financial markets. Global Economy: The US economy continues to rebound from the pandemic-induced recession but faces a new hurdle as Commerce Department figures