It Ain’t Easy Being Jay Powell By: Thomas N. Richmond Jr., Co-Head of Wasmer Shroeder Taxable Bond Strategies If professional athletes carry the weight of the fans and cities on their shoulders while playing their chosen sports, earning both high praise and abject derision based on their actions on the court or the field, imagine […]
We Wish We Had Better News By: Thomas N. Richmond Jr., Co-Head of Wasmer Shroeder Taxable Bond Strategies When the best thing to be said about the second quarter of this year is that it wasn’t as bad as the same period in 2020, when lockdowns due to COVID-19 were in full effect and the […]
Fortunately, We’ve Still Got Seven and a Half More Years… By: Thomas N. Richmond Jr., Co-Head of Wasmer Shroeder Taxable Bond Strategies As human beings we like to categorize things neatly, and we certainly like to sum up specific periods of time, like decades, in a word or two for ease of memory and historical […]
Step Away from the Punch Bowl By: Thomas N. Richmond Jr., Co-Head of Wasmer Shroeder Taxable Bond Strategies The economic backdrop in the fourth quarter of 2021 was somewhat uneven. Domestic GDP growth reaccelerated in October and November (it had dropped to 2.3% in Q3 but is estimated to have grown close to 7% in […]
