Handicapping the U.S. Economy And Markets In 2024

Handicapping The U.S. Economy And Markets In 2024
While the odds of avoiding an economic recession have increased with the Fed pivot, history provides no strong guidance around the eventual success. Entering 2024, one should be prepared for possible turbulence as the Fed attempts a smooth landing.

Why Is The Fed Discussing Rate Cuts With A 3.7% Unemployment Rate?

Why Is The Fed Discussing Rate Cuts With A 3.7% Unemployment Rate?
The crucial pivot for markets is rate hikes from the Fed are over, and the conversation has already shifted to the appropriate time for policy easing. The challenge is that a soft landing is far from assured, and much good news has been priced into stocks.

Solid Jobs Report Was Just Right For Markets

Solid Jobs Report Was Just Right For Markets
The jobs report was close to the Goldilocks outcome for a market that had begun to fear a rapidly slowing economy. The Fed meeting and CPI report are the next hurdles for the economy trying to remain just right.

Remembering The Wisdom Of Charlie Munger

Remembering The Wisdom Of Charlie Munger
Charlie Munger was best known as Warren Buffett’s partner in building Berkshire Hathaway. Munger was also an advocate for lifelong learning and rational decision-making.