The Employment Conundrum Continues

Published on March 12, 2026

North is south, south is west, west is east, east is north, up is down, and down is steady. This week’s employment reports have something for everyone, which is precisely why we should interpret them cautiously.

Continue reading on website
Other news

Don’t Take All the Credit

March 12, 2026
Prior to the conflict in the Middle East, the U.S. financial markets were being confronted with headlines and attendant concerns surrounding the credit markets.

When the Upside Is Thin, Upgrade the Carry

March 12, 2026
At these levels, valuations are stretched, leaving investors with little potential upside and increased vulnerability to spread widening. In our view, such an environment warrants a shift toward high-quality assets.