Ryan J. Lehman
Friday, October 7, 2022

The hope of a Fed pivot, which drove markets higher in July, faded in the latter half of Q3 as the Fed made it clear that they would continue with their aggressive rate hiking campaign until inflation is brought down to a reasonable level. During the…

Ryan J. Lehman
Wednesday, September 7, 2022

August’s sell off was largely influenced by Chairman Jerome Powell’s comments at the Fed’s Jackson Hole Symposium on August 26th. While he mentioned that the Fed’s future policy decisions would be data dependent, his overall tone was generally hawkish…

Ryan J. Lehman
Tuesday, August 9, 2022

Both equity and fixed income markets rallied meaningfully in July, as the “bad news is good news” mindset encouraged investors to re-embrace risk assets. We say “bad news is good news” because other than the hope that the Fed will slow their pace of…