The Inaugural Rate Cut | Weekly Economic Commentary | July 29, 2019

KEY TAKEAWAYS The Fed is expected to cut rates this week for the first time in 10 years. We view any upcoming cut as a policy adjustment, not a response to significant economic weakness. A rate cut could help boost consumption and sentiment and lead to even looser...

Portfolio Compass | July 19, 2019

COMPASS CHANGES No changes INVESTMENT TAKEAWAYS Stock valuations remain favorable in our view even with the S&P 500 Index near our year-end fair value target of 3,000. We would consider raising this forecast if clarity on trade and monetary policy result in an...

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