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.”
On Wednesday, days before the U.S. is projected to run out of money to pay its bills, the House passed the Fiscal Responsibility Act of 2023 in a bipartisan effort. The final vote of 314- 177 received support from 149 Republicans and 165 Democrats. With both sides making concessions, it’s not surprising to see members of each party voicing their displeasure with the deal.
Is Federal Reserve chair Jerome Powell taking a shot at the Phillips curve? His announcement this week at the virtual Jackson Hole conference revealed that the focus of Fed policy is shifting to be more on maximizing employment and less on the 2 percent inflation target they have had since 2012.
It had been four years since ESPN College GameDay had been to Eugene. While the game last week between University of Oregon and Stanford was entertaining, Lee Corso’s pick of Ducks proved to be on the wrong side. In the spirit of the former coach and broadcaster, we use his infamous line, “Not so fast my friend,” when describing third quarter returns.
