A summary of the factors driving global markets over the last month.
Pascal’s Wager argues that belief makes more sense than disbelief when the worst outcome is a total loss.
Helping clients build better portfolios
The biggest problem in U.S. productivity growth has been a decline in investment spending.
Interest Rate Policy
While tariffs remain a concern, the key issue is the degree—which we deem moderate—of U.S. recession risk. The current global backdrop makes the U.S. dollar unlikely to strengthen. Earnings growth expectations are modest, valuations are undemanding
The stakes are high, since the internet has been a key driver of growth and consumer welfare for the last 20 years. What are the implications if Net Neutrality is repealed?