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?
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!
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...
#1 Reason We Sat Behind new Fed Chair Powell at U.S. Senate Testimony
Glenwood’s chief investment officer, Michael Hakerem, keeps watchful eye on new Federal Reserve Chairman (Michael just over Powell’s left shoulder) #1 Reason: True Advocacy for Clients Must Contain First-Hand Experiences Newly appointed Federal Reserve Chairman,...
