Three Critical Recession Warning Signs to Watch

Three Critical Recession Warning Signs to Watch 10 Sep 2018 By Bluford Putnam and Erik Norland Topics: Economic Events The next recession: What are the warning signs?  What might it look like?  How will markets react? The nearly decade-long U.S. economic expansion may look a little long in the tooth, but it is not about to … Read More

Aluminum: Supply and Demand Dynamics

Aluminum: Supply and Demand Dynamics 6 Sep 2018 By Erik Norland Topics: Metals U.S. aluminum prices soared between January and April in anticipation of the Administration’s 10% import tariff.  Prior to the tariffs, U.S. prices were about 10% higher than the global average.  Now, they are almost 20% higher.  Since the tariff went into effect on … Read More

Fed’s Fork in the Road: Even Higher Rates or Pause

Fed’s Fork in the Road: Even Higher Rates or Pause 23 Aug 2018 By Bluford Putnam and Erik Norland Topics: Economic Events As has been the case several times in the current tightening cycle, there is a large gap between what the Federal Reserve (Fed) suggests it is likely to do and what the market believes … Read More

HEDGING U.S. EQUITIES WITH TREASURY OPTIONS

Hedging U.S. Equities with Treasury Options 20 Aug 2018 By Erik Norland Topics: Economic Events U.S. equities may be in the late stages of a bull market. In their early stages (1991-1996, 2003-2005 and 2009-2014), earnings and equity prices rise in tandem.  In the late stages (1997-2000, 2006-2007 and 2015-), earnings stagnate or decline while prices … Read More

Trade War Costs to Consumers, Companies and Nations

Trade War Costs to Consumers, Companies and Nations 14 Aug 2018 By Erik Norland Topics: Economic Events The level of U.S. tariffs on Chinese products and the number of goods they cover are constantly changing as the trade dispute between the world’s two largest economies escalate. To help investors evaluate the possible macroeconomic impact from the … Read More