Wage Increases are Good and Bad

Wage Increases are Good and Bad

From January 30th, 2017 client presentation. Wages HAVE BEEN increasing on an inflation adjusted basis for some time. A tight labor market should put even more pressure on employers to increase wages faster. When there is no one to hire, if you need an employee, you...
As New York Fashion Week Ended, Inflation Strutted Its Stuff.

As New York Fashion Week Ended, Inflation Strutted Its Stuff.

Ever since the Federal Reserve began raising the Fed funds rate in 2015, analysts have been anticipating higher inflation. The fact that price increases remained relatively small was a perplexing mystery. Then, last week, inflation increased faster than expected. The...
Inflation, inflation, where’s the inflation?

Inflation, inflation, where’s the inflation?

The U.S. Federal Reserve has been raising interest rates in anticipation of higher inflation. In its 2018 forecast, Goldman Sachs indicated it expected to see “a gradual increase in global core inflation, albeit to levels that are still below central bank targets in...
Here’s Another Reason to Like Emerging Markets!

Here’s Another Reason to Like Emerging Markets!

The MSCI Emerging Markets Index was up more than 30 percent year-to-date late last week, outperforming national indices in most developed nations. (Remember, past performance is no indication of future results.) There may be more to like about emerging markets than...
“It’s the Hap- Happiest Season of All.”

“It’s the Hap- Happiest Season of All.”

While holidays don’t make everyone happy, investors should be feeling festive. The Standard & Poor’s 500 Index is up more than 18 percent year-to-date. The Dow Jones Global ex U.S. Index is up about 21 percent year-to-date (refer to the table), and Treasury bond...