News, insights and thought leadership from the City Different team.
"Nuclear is wonderful as one of the sources of energy, one of the sources of sustainable energy.” —Nvidia CEO Jensen Huang The global nuclear renaissance is gaining steam. Our readers have seen our...
Selling a business is a life-changing event — whether that change is financial via a large exit, a lifestyle change to enter retirement, etc. But the process of selling your hard-built business can...
Much as truly active equity investing can result in greater returns for investors (even net of fees), so too can active management of fixed income securities. We’re big believers in the power of...
WEEK ENDING 11/17/2023 Fed’s dovish tone and positive inflation data knock yields off their peak. Government debt sales continue to climb. Happy Thanksgiving! “Thankfully,” we’re taking a pause from...
WEEK ENDING 11/10/2023 Moody’s moves US sovereign outlook to “negative.” Market participants’ outlooks and opinions mixed. Honoring our veterans.
WEEK ENDING 11/03/2023 A kinder, gentler Fed? Color us suspicious. A slowing jobs picture? What does it all mean for inflation?
Among the things I’ve been lucky enough to do in my professional life in Santa Fe, NM, two stand out: I’ve enjoyed a successful career in finance and have been involved with several nonprofits...
WEEK ENDING 10/27/2023 Market focus shifting away from the Federal Reserve A primer on the tension between monetary and fiscal policies Return of the soft landing v. hard landing debate
WEEK ENDING 10/20/2023 Chair Powell says inflation is too high, recommitting to a 2% target. “Slow” Joe Biden has a good week, garnering compliments from the unlikeliest sources. Jim Jordan taps out...
The Big Three U.S. auto workers went on strike in September. Labor and management couldn’t come to an agreement about how to split the proceeds from producing automobiles. This is such a pivotal...
WEEK ENDING 10/13/2023 Rising geopolitical risk adds another consideration for the Federal Reserve. Supercore inflation is double the Fed's target. Yields rise in long end of the curve; tightens...
“We can and we must reduce Russian LNG exports to phase them out completely.” -- EU Energy Commissioner Kadri Simson
WEEK ENDING 10/6/2023 McCarthy ousted as inmates take over the asylum. Fixed-income yields continue to move higher; investors leave bond funds for the safety of money market funds. Is this the moment...
WEEK ENDING 9/29/2023 Government shutdown postponed until November 17. Will September PCE give Fed a reason to pause? September Muni yield backup led to underperformance; current yield attractive.
Last week, the Fed announced that it would not raise the Fed Funds rate in September. By our way of thinking, though, they left the door open for future increases (data dependent). This left us...
