George Hosfield, CFA, discusses Ferguson Wellman's quarterly strategy titled, "Inflation's Flame Flickers," which addresses the narrow market leadership, the impact of higher interest rates on inflation and how assets are priced at this stage of the economic cycle.
George Hosfield, CFA, discusses the firm's quarterly strategy titled "Stalemate," which highlights the Fed's ongoing battle to tame inflation along with our views on the health of the banking industry and capital market expectations for the balance of the year.
Director and Chief Investment Officer George Hosfield, CFA, discusses the Fed raising interest rates, peaking inflation and our view on equities and volatility across all asset classes in our Investment Strategy titled, “Balancing Act.”
It’s always a strange time in the market when good economic data is treated as bad news. As investors, we can’t help but feel good about the jobs report today, even if it means the Fed will keep aggressively raising short-term interest rates in the coming months.
While it was a relatively quiet week of macroeconomic news, investors are still busy making sense of the inflation and interest rate paradox: that is, inflation stoking recession fears, but also rising rates to combat inflation also stoking recession fears.
The explosion of cryptocurrencies and their meteoric returns over the last several years is causing some investors FOMO (fear of missing out). While cryptocurrencies, mostly Bitcoin, are in the news every day, very few investors understand their potential and the technologies that enable them. Rather, many are attracted to the highly-publicized returns they have generated in a very short amount of time. This has created something of a flywheel effect -- some may call it a bubble -- in which more investors are chasing these returns, which then drives returns higher, which then attracts more investors.
