Shaw Financial

12 Oct TIME FOR A STRONGER DOLLAR?

The U.S. dollar has lagged other currencies so far this year, as persistently low inflation suggested that the Federal Reserve (Fed) would not be as aggressive as global investors originally feared. However, recent Fed announcements — including an official start to long-awaited balance sheet normalization,...

21 Sep WHY ISN’T INFLATION HIGHER?

The Federal Reserve’s (Fed) next Federal Open Market Committee (FOMC) meeting will take place on Tuesday and Wednesday (September 19 – 20) and will be followed by the release of the FOMC policy statement on Wednesday at 2:00 p.m. ET. Along with the statement, the...

19 Sep UPDATE ON GROWTH AND VALUE STOCKS

Growth has been on a roll. Based on the Russell 3000 style indexes, growth’s 18% year-to-date gain is 14% ahead of value’s 4% advance. Looking further back, this growth outperformance is nothing new. Over the past 10 years, including the entire financial crisis period of...

31 Aug CORPORATE BEIGE BOOK: Upbeat as Expected

The LPL Research Corporate Beige Book Barometer — our measure of corporate sentiment that reflects an analysis of earnings conference call transcripts — shows that companies remained generally upbeat during the second quarter earnings season. This is hardly a surprising outcome, given actual earnings results...

22 Aug JACKSON HOLE PREVIEW

The Great American Eclipse of 2017 is now over, which may have some believing that the most exciting part of the week has passed. However, for central bank watchers, the fun isn’t over, as the Federal Reserve’s (Fed) annual Jackson Hole Symposium takes place from...