Capital Perspectives March 2018

Tony Roth |
Investment Management

In the March issue of our monthly flagship publication, we feature:On the Record by Chief Investment Officer Tony Roth, Between a rock and bull run, looks at the February stock market correction and beyond.  In Focus discusses two different ways to go about investing cash, and why one approach may be preferable. Investment positioning, major themes, and asset class positioning updates.  You don’t have to look at the calendar to know it isn’t 2017.


Inflation Picks Up its Pace but is Not Running Away

Rhea Thomas |
Wilmington Wire

February 14, 2018— The January inflation report surprised to the upside this morning, with the Core Consumer Price Index (CPI), the most widely used measure of inflation, coming in at 0.3% month-over-month (m/m) compared to the consensus expectation of 0.2% m/m. On an unrounded basis it was 0.349% m/m, just shy of being rounded up to +0.4% m/m. The initial market reaction was swift, pushing 10-year Treasury yields higher, bolstering the U.S.