December 1, 2021 – Fears around the newest COVID-19 variant, Omicron, have jolted investors out of a holiday lull, sending risk assets lower, bond prices higher, and whipsawing expectations for future Fed policy. We see the Omicron variant as widening the range of possible economic and market outcomes over the next three to six months.
In the November issue of our monthly flagship publication, we feature:On the Record by Chief Investment Officer Tony Roth, where he likens investing to driving, with visibility as to our destination nine to twelve months from now, but not necessarily clarity on how we’ll get there. The near-term fogginess is linked to the uncertainty around the answers to these three important questions: Where are the workers? When will supply chain traffic jams clear? How high will U.S.
November 2, 2021 – The Federal Open Market Committee (FOMC) of the Federal Reserve (Fed) meets this week and the good money says they’ll announce a “tapering” of their long-term asset purchase program (popularly known as Quantitative Easing, or QE) upon conclusion at 2:00 P.M. on Wednesday.