“All Along the Watchtower”

“All Along the Watchtower”

Aug 12, 2022 | Weekly Summary

Weekly Summary: August 8 – August 12, 2022 Key Observations: U.S. inflation most likely peaked in July. Although we foresee a downward trajectory of inflation rates, we assume that they will come down in an erratic pattern and take quite some time before the...
Peak Hour: Is the Inflation Peak Finally Here?

Peak Hour: Is the Inflation Peak Finally Here?

Aug 12, 2022 | Market Insights

1. Headline Inflation Finally Peaked in July Thanks to the recent drop in energy prices, as well as the slowing in a few high-flying areas like used cars and airfares, July’s Consumer Price Index finally began to moderate to 8.6% (vs. 9.1% in June). Importantly,...
U.S. Senate Approves Inflation Reduction Act

U.S. Senate Approves Inflation Reduction Act

Aug 8, 2022 | Articles

On August 7, 2022, the U.S. Senate passed the Inflation Reduction Act (IRA) of 2022 (H.R. 5376) with a 51 to 50 tally, with Vice President Kamala Harris casting the tiebreaking vote. Overall, the bill is a significantly scaled-down solution to what many Democrats,...
“Cold Heart”

“Cold Heart”

Aug 5, 2022 | Weekly Summary

Weekly Summary: August 1 – August 5, 2022 Key Observations: A critical component of our “soft” pivot narrative for the Federal Reserve (Fed) expounded in last week’s narrative is our assumption that the U.S. economy continues to slow. The economic data we...