Market Insights

Fed Keeps Rates Steady, Announces October Start to Balance Sheet Reduction

Fed Keeps Rates Steady, Announces October Start to Balance Sheet Reduction

As we expected, the Federal Reserve (Fed) left short-term interest rates unchanged at the September 19-20 meeting of the Federal Open Market Committee (FOMC)....
Weak Inflation Disrupts Rate Normalization

Weak Inflation Disrupts Rate Normalization

The Federal Reserve’s (Fed’s) primary goals are to promote maximum employment and stable inflation. But as the Fed gets set to revisit this mandate...
The Cyclical Nature of Value Investing

The Cyclical Nature of Value Investing

One of my favorite things about working on the value side is that—to a large extent—it doesn’t matter what big events are swaying the...

Investment Insights