In the January issue of our monthly flagship publication, we feature:On the Record by Chief Investment Officer Tony Roth discusses the inflation trajectory—the single most important variable shaping the economic and market outlook in 2022. A pivotal element impacting the demand and supply sides of the inflation equation is the long‑awaited rotation from goods consumption to services.
Key takeaways from this publication:We expect GDP growth to moderate from its rapid pace in 2021 but to remain above trend in 2022.
December 20, 2021 – As I’ve watched the Federal Open Market Committee (FOMC) of the Federal Reserve get more hawkish over the past months I’m reminded of my days playing lacrosse, specifically being back on defense. When your opponent has the ball you should be in a ready position with your weight on the balls of your feet, evenly distributed, and be ready to react to your left or to your right depending on which way the attacker moves.