This week, CEO Eric Boyce discusses: 1. the recent unexpected strength in the labor market and its unusual impact on the stock market 2. revolving credit oddly contracted last month following prolonged series of increases 3. inflation track feels like 1966-1982 pattern thus far...interesting; expectations picking up a bit with Trump administration policies on horizon 4. China slowdown illustrated 5. global stock/bond ration reflects optimism in global markets 6. term premium increasing for stocks; money fund assets continue to rise (potential market liquidity) 7. bonds more sensitive than equities to inflation surprises 8. stock and bond correlations higher; earnings yield relative to investment grade bonds suggests stocks may be more volatile
This week, CEO Eric Boyce, CFA discusses: 1. higher rates have not led to economic downturn, and economy maintains steady pace heading into 2025 2. households are in healthy shape, based on consumer credit, spending, real income 3. construction spending increased despite higher rates due to stimulus, data centers and $50B in spending by the Mag 7 4. with labor markets steady, inflation continues to meander lower, helped by productivity 5. short term interest rates still expected to come down; however, skepticism over number of rate cuts to expect in 2025 6. corporate profits high, net interest expense low heading into 2025 7. merger and acquisition activity and initial public offerings expected to rise in 2025 8. global growth expected ~3% in 2025 9. key considerations in the new year...tariffs (of course) and deficits 10. 151 years of stock returns - how it all stacks up
Charts & Chat: Eric Boyce, CFA, covers positive inflation trends, Fed rate cut probabilities, strong growth expectations, small business optimism, and the tariff wildcard.
Dive into the December 1, 2024, Charts & Chat with CEO Eric Boyce, CFA, covering inflation trends, improving manufacturing, capital spending, market valuations, and more.
This week, CEO Eric Boyce, CFA discusses: 1. Trade trends and the impact of the strong dollar and potential tariff polices 2. New...
This week, CEO Eric Boyce, CFA discusses: 1. potential trade implications of the Trump 2.0 administration 2. recent inflation reports...
This week, CEO Eric Boyce discusses: 1. Relatively strong economic growth, as reported in the initial release of the 3Q GDP report. ...
This week, CEO Eric Boyce, CFA discusses: 1. GDP estimates for 3Q in the increase; liquidity higher, and economic data on balance has...
This week, CEO Eric Boyce, CFA discusses 1. more positive economic surprises; Fed more likely to drop rates 0.25% versus 0.50% next...
This week, CEO Eric Boyce discusses: 1. the recent unexpected strength in the labor market and its unusual impact on the stock market 2. revolving credit oddly contracted last month following prolonged series of increases 3. inflation track feels like 1966-1982 pattern thus far...interesting; expectations picking up a bit with Trump administration policies on horizon 4. China slowdown illustrated 5. global stock/bond ration reflects optimism in global markets 6. term premium increasing for stocks; money fund assets continue to rise (potential market liquidity) 7. bonds more sensitive than equities to inflation surprises 8. stock and bond correlations higher; earnings yield relative to investment grade bonds suggests stocks may be more volatile
This week, CEO Eric Boyce, CFA discusses: 1. higher rates have not led to economic downturn, and economy maintains steady pace heading into 2025 2. households are in healthy shape, based on consumer credit, spending, real income 3. construction spending increased despite higher rates due to stimulus, data centers and $50B in spending by the Mag 7 4. with labor markets steady, inflation continues to meander lower, helped by productivity 5. short term interest rates still expected to come down; however, skepticism over number of rate cuts to expect in 2025 6. corporate profits high, net interest expense low heading into 2025 7. merger and acquisition activity and initial public offerings expected to rise in 2025 8. global growth expected ~3% in 2025 9. key considerations in the new year...tariffs (of course) and deficits 10. 151 years of stock returns - how it all stacks up
Charts & Chat: Eric Boyce, CFA, covers positive inflation trends, Fed rate cut probabilities, strong growth expectations, small business optimism, and the tariff wildcard.
Dive into the December 1, 2024, Charts & Chat with CEO Eric Boyce, CFA, covering inflation trends, improving manufacturing, capital spending, market valuations, and more.
This week, CEO Eric Boyce, CFA discusses: 1. Trade trends and the impact of the strong dollar and potential tariff polices 2. New...
This week, CEO Eric Boyce, CFA discusses: 1. potential trade implications of the Trump 2.0 administration 2. recent inflation reports...
This week, CEO Eric Boyce discusses: 1. Relatively strong economic growth, as reported in the initial release of the 3Q GDP report. ...
This week, CEO Eric Boyce, CFA discusses: 1. GDP estimates for 3Q in the increase; liquidity higher, and economic data on balance has...
This week, CEO Eric Boyce, CFA discusses 1. more positive economic surprises; Fed more likely to drop rates 0.25% versus 0.50% next...
This week, CEO Eric Boyce discusses: 1. The implications of the recent rate cut by the Federal Reserve 2. Global growth expectations...