Recent Posts

Strong Hiring, Lower Yields

November 6, 2026 October’s stronger-than-expected employment report challenged the view that the labor market was stalling in late summer. Employers

Economic Growth Strengthens

October 30, 2026 All eyes were once again on the Fed this week, and the Federal Reserve held its policy

Rates Rise as Jobs Weaken

October 2, 2026 Employers added 29,000 jobs in September, well short of the 90,000 economists expected, and revisions removed a

Strong Data Sparks Yield Surge

September 25, 2026 Financial markets repriced the outlook for interest rates this week as incoming data pointed to continued economic

July 2020 – Bond Market Review

We believe the economy contracted sharply in the second quarter, but market participants are expecting a meaningful rebound in the current quarter. Although we anticipate that the recovery will be somewhat bumpy, we believe the weakest economic data is in the rearview mirror. Robust fiscal and monetary relief should continue to fuel improvement in economic output in the second half of the year. Job destruction from the pandemic has been severe but many jobs have started to return as indicated by the better than expected employment reports for May and June. Nevertheless, we believe there will be a growing amount of pressure on the federal government to provide additional fiscal relief this month, particularly as some temporary unemployment benefits are set to expire at the end of July. We believe the call for more state and local government fiscal support as well as another round of direct payments to households is likely to mount in the coming weeks.

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Holiday Closure Notice:

Chandler will be closed on Wednesday, November 11 in observance of Veterans Day