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1st Quarter 2024 Economic And Market Outlook: Potential Increased Volatility, Threats To Economic Growth, And Equity Markets

Nerd's Eye View

Yet, by taking a measured look at factors driving economic activity and influencing behavior, advisors can help clients face risks they can't control and (hopefully) position themselves to take advantage of opportunities as they develop. Meanwhile, a smorgasbord of potential risks threatens economic growth's "soft landing" narrative.

Economics 244
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At the Money: Austan Goolsbee, Chicago Fed President on Tariffs, Inflation and Monetary Policy

The Big Picture

How should investors view the relationship between trade policy and inflation in the current economic environment? This week, we speak withAustan Goolsbee, president of the Federal Reserve Bank of Chicago. He’s president of the Federal Reserve Bank of Chicago. That is a sign of credibility of the central bank.

Economy 162
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Friday links: putting your phone down

Abnormal Returns

bnnbloomberg.ca) The financial markets are noisy. marknewfield.substack.com) Companies Accenture ($ACN) is making bank on generative AI. bonddad.blogspot.com) Economic surprises are likely done going down YTD. Strategy Is the small cap premium dead? You need a path through. slate.com) Economy The May PCE increased 2.6%

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Banking crisis overshadowed the data, but inflation remains persistently elevated: Weekly Economic Review & Outlook

Nationwide Financial

The failures of Silicon Valley Bank and Signature Bank and concerns about the solvency of other U.S. regional banks dominated the attention of investors, business leaders, and consumers last week. The stresses in the banking system and ripple effects in the financial markets even overshadowed the incoming inflation data.

Banking 98
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The Devolution of Public US Capital Markets

Discipline Funds

The USA has an intricate network of banks, non-banks, private equity and venture capital that tirelessly seeks out the best place to allocate capital. Some people view this “financialization” of the USA as a weakness, but I view it as a strength 1. But not all negative sum instruments serve an economic purpose.

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Air Bags Deployed to Cushion Bank Crashes

Investing Caffeine

Source: Trading Economics Unfortunately, this unparalleled spike in interest rates contributed to the 2nd and 3rd largest bank failures in American history, both occurring in March. Most notably, the Fed, FDIC, and Treasury jointly announced the guarantee of all deposits at SVB, shortly after the bank failure.

Banking 105
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The Aftershock That Will Follow Silicon Valley Bank

Advisor Perspectives

The banking earthquake is sending shockwaves through the financial markets. The financial and economic aftershocks, soon to follow, are underappreciated and will prove worse than the earthquake.

Banking 98