Fed Wants to Keep Raising Rate Targets

Fed Wants to Keep Raising Rate Targets

Glenwood’s chief strategist is a professional Fed Watcher! In a highly telegraphed action by the United States central bank, the Federal Reserve again raised its targeted fed funds interest rate by a quarter-of-one-point or 0.25% on Wednesday. The Federal Open Market...
Crisis of Character?

Crisis of Character?

Character: It has to be a core value.   On August 8th, Michael Hakerem, our chief strategist sent a very personal message to a community of professional friends. He also reached out to three organizations of which he is a longstanding member and leader: CFA...
Hard to Forecast the Trifecta!

Hard to Forecast the Trifecta!

Tough to consistently outguess all three.  A Note from Our Chief Investment Officer Been aware for 25 years of professional investing; however, the past two years reinforce for me that extrapolation & mean-reversion occur but are not viable investment strategies...