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Comments based on information available as of 5:45am CT on 11/28/2025
Growth: Squaring The Circle
Consumer confidence has returned to levels near the historic lows we saw last April, when President Trump announced tariffs and the market dropped nearly 20%. However, the level of consumer c...
Comments based on information available as of 5:45am CT on 11/21/2025
Growth: Dated Data Is Better Than No Data
Summer feels like ages ago, but we’re only now getting the backlog of government data. Most of it simply confirms what we already suspected: the economy is in a transition, and ...
Comments based on information available as of 6:00am CT on 11/14/2025
Fears of a Fed pause in December replaced fears of a prolonged government shutdown. There’s always something to worry about, and that’s one reason there’s something called the equity risk premium. If there was no risk, I wouldn’t expect equities to retur...
