Key Takeaways: FedNow is kicking off in July 2023 and will allow cash transfers to settle 24/7 between bank accounts at different institutions, bringing the U.S. up to speed with similar payment systems used in other countries like the UK, Germany, France, and...
Key Takeaways: Market opportunities rarely present themselves in obvious ways but can typically be found when nobody else is looking for them. Historically, when investors pile cash into extreme rates, markets tend to do well one year later, as well as two years...
Key Takeaways: Although we may not be in a recession quite yet, the risk of one is high. Stock markets tend to bottom out and rebound during recessions. We are staying up in credit quality to avoid bond defaults and extending duration to position for when rates fall;...