Category

Quarterly Investment Outlook

The Quarterly Investment Outlook provides updates on the firm’s Macro View and their Fixed Income, Real Estate, and Equity objectives.

Investment Outlook 4th Quarter 2023

The fourth quarter began with expectations that the Federal Open Market Committee (FOMC) would maintain its ‘higher for longer’ interest rate policy stance while keeping open the possibility of an additional rate hike by year end. However, at their December policy meeting, Committee members voted to leave their policy rate unchanged, signaling the need for...
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Investment Outlook 3rd Quarter 2023

From a macro perspective, the ‘higher for longer’ sentiment appears to be one of the few themes that investors mostly agreed upon as the third quarter of 2023 ended. At the September Federal Open Market Committee (FOMC) meeting, the target rate was left unchanged at 5.25% – 5.50%, but the ‘dot plot’ left room for...
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Investment Outlook 2nd Quarter 2023

The second quarter of 2023 began under the weight of regional banking concerns and debt ceiling negotiations, coupled with expectations for a slowdown in growth and stubbornly high inflation. Despite a worrisome backdrop at the start of the quarter, risk assets performed well, and interest rates moved higher across the yield curve. Providing a sigh...
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