December 18, 2018 – Many of our clients are familiar with our economics-led investment process. It is essentially grounded in a view of the economic landscape, which we believe informs and drives financial markets over the long term. We rely heavily on this process to sort through the tremendous amount of news and information we
In the December issue of our monthly flagship publication, we feature: On the Record by Chief Investment Officer Tony Roth, where he separates the signal from the noise—the useful from the irrelevant—in assessing the significance of the market’s whipsaw volatility of the last two months, and provides our outlook. In Focus by Chief Economist Luke Tilley explores
The price of oil (as measured by West Texas Intermediate crude) has fallen over 27% since its early-October highs, well into “bear market” territory. The decline was arrested on Wednesday, halting the longest stretch of daily declines for oil since the 1970s. Some investors are seeing flashbacks of oil’s most recent collapse, when it fell
