Inflation
The yield curve is inverted, implying an imminent recession, but the stock market is at or near record highs. What can we make of these contradictory signals?
If a recession comes, how can the lessons of the global financial crisis (GFC) inform private equity practitioners?
The United States is a consumption-driven economy. But over the last half century, the US consumer has been weakening in the face of social and economic pressures.
Is there a Fed put influencing US corporate credit markets?
To be “as rich as an Argentine” was once a common aspiration. What happened?
The impact of Fed policy on the global financial system is yet another feature of the COVID-19 pandemic that caught investors off guard.
The month of October strikes fear in the hearts of many Wall Street veterans — and for good reason.
Recession is now a virtual inevitability.
“This is a time of testing -- a testing not only of our capacity collectively to reach coherent and intelligent policies, but to stick with them.” -- Paul Volcker
Clients have concerns about inflation. Here are a few tips to approach these conversations.