The transition is a dynamic process that requires careful planning, resources and focus.
The House and Senate are back in session this week for the first time since July. They are replaying a Cinderella story no one in Washington (or the stock market) likes: the end-of the-fiscal-year scramble to fund the federal government before the clock strikes midnight on September 30.
U.S. Treasury yields rose slightly last week on strong economic data, even as inflation moderated more than expected.
Equities finished mostly lower last week as investors continue to work through economic normalization challenges from the Delta variant, the expectation of Fed tapering, input price pressures and economic data concerns.
With a long list of priorities that lawmakers need to tackle over the fall term, the partisan bickering will be as hot as the air in the Washington swamp.
In this issue of next, we revisit our real estate allocation recommendations while examining how the sector fared during 2020 market volatility.
U.S. Treasury yields rose slightly last week, despite strong auction demand, as market action was dominated by a robust new issuance calendar across asset classes.
Labor Day week wound up being laborious for equities, as the wall of worry proved too difficult to climb.
Jobs numbers were somewhat weaker than expected, but U.S. Treasury yields rose and the yield curve steepened. The economic expansion continues and the Federal Reserve remains on track to begin tapering later this year.
Investors continue to grapple with the Delta variant, the timing of Fed tapering and the uncertain path for additional fiscal stimulus.