A key baseline assumption of many economists and central bankers is that higher interest rates slow the economy while lower interest rates stimulate it.  Another widely held assumption is that inflation is mostly caused...

If you were wondering what a “soft landing” looks like, current US economic data is about as close as you are likely to see. The big jump in inflation in 2021-22 was primarily driven...

Sector and industry work is a key part of the Mill Street institutional product suite, and the topic of which sectors are in or out of favor comes up frequently in my media appearances....

Like many market strategists, the first question I tend to get is something like “What do you think about the market? Going up or down?” Whether you are a professional investor tasked with navigating...

After a much-better-than-expected 2023, the outlook going into 2024 remains favorable, but slightly less so than this time a year ago, and for somewhat different reasons. As 2023 winds down, we see that for...

The Mill Street blog has been quiet for a while, but will be more active now that the new website is up and running as we head into 2024, and updates will be emailed...