Our Insights
Comparing the Cost of Renting vs Buying in Today’s Market
Rent vs. buy – it is a big question with significant financial implications. This month’s chart, which tracks year-over-year growth of monthly rent and mortgage payments since the early 1980s, compares the cost of renting vs. buying a home.
First-Quarter 2023 Earnings Season Recap and Commentary
More than 90% of S&P 500 companies have reported Q1 2023 earnings, with results exceeding expectations, with 78% reporting Q1 earnings that surpassed their estimates.
Fewer Shipping Containers Arriving at U.S. Ports
Fewer container imports indicate the economy is reverting to pre-pandemic norms. This drop could help alleviate supply chain bottlenecks and ease inflationary pressures, a positive development after inflation rose to a 40-year high during the pandemic.
An Explanation of Recent Bank Failures
During the pandemic, businesses and individuals flooded banks with new deposits. As the Fed raises interest rates and customers look for higher yields, the banking industry is under considerable pressure.
Strong Consumer Spending Boosts U.S. Economic Growth
In the past two years, the U.S. consumer has been a big part of the country's strong economic growth. Rising wages, multiple fiscal stimulus checks, and easy access to cheap credit have helped.
Are International Stocks Finally Ready to Shine?
Today international stocks currently trade at more attractive valuations than U.S. stocks after a decade of underperformance.
Home Prices Decline as Rising Mortgage Rates Pressure Demand
The U.S. housing market is experiencing a significant slowdown after two years of rapid growth.
Putting Context Around Recent Stock Market Volatility
Stock market volatility is rising this year after a relatively calm 2021. Financial markets are experiencing bigger moves up and down as investors navigate a long list of events.
Wage Inflation Puts Additional Pressure on the Federal Reserve
Early inflation pressures were attributed to clogged supply chains and strong demand overwhelming limited supply, but a new source of inflation is gaining attention as supply chains normalize – wage inflation.
Consumers Turn to Credit Cards as Inflation Pressures Finances
After declining during the pandemic, data shows consumer credit usage is rising again and is now back above pre-pandemic levels.
Declining Labor Productivity and Rising Labor Costs
Why is productivity declining? One potential explanation is that pandemic-related themes, such as remote work and inflation, make measuring productivity more difficult and distort the data.
Housing Market Cools as Interest Rate Increases Impact Economy
The ongoing housing market slowdown indicates the Federal Reserve’s interest rate increases are already impacting the economy.