Charts & Chat - September 18, 2023
Eric Boyce • September 18, 2023
This week, Eric Boyce, CFA discusses: 1. Various Business surveys suggest weaker economy, labor market ahead 2. Impact of student loan debt repayment, potential government shutdown, and UAW auto sector strike 3. outlook for retail sales 4. outlook for owner's equivalent rent (OER) on inflation 5. higher energy prices and demand expected, along with higher gasoline prices 6. home prices moving higher again; share of home sales from new builds increasing 7. expected future economic growth and equity returns next 10 years not as high as last 10 years.

By Eric Boyce
•
March 16, 2026
This week, CEO Eric Boyce, CFA discusses: 1. Potential near and longer term impacts of the energy shock, understanding that sentiment tends to overstate the eventual impact and that most energy shocks are transitory 2. headline and core inflation in line, driven by continued decline in core services and rents 3. consumer spending remains resilient, but 4. tariff-impacted goods and price increases risk inflation - estimates moving higher as we watch costs in the food chain in apparel increase 5. probability of recession moved up a little in the prediction markets and the likelihood of interest rate cuts in 2026 are largely off the table for the time being. 6. equity markets are in sell off mode, especially in consumer discretionary; S&P 500 index not nearly as useful as a diversification vehicle as it used to be due to increasing concentrations 7. interest rates continue to tweak higher, increasing mortgage rates at a time when affordability is tempered. Bond market volatility picking up a little 8. Deep dive into the topic of Retirement Savings - aging populations, use of social security versus pensions; growth of 401k's, yet meaningful percent of workers do not have retirement accounts




