On May 16, 2025, Moody’s Investors Service downgraded the U.S. Treasury’s credit rating from Aaa to Aa1, sending a clear signal: doubts about America’s long-term fiscal health and political gridlock are getting too big to ignore. For decades, U.S. Treasuries were as close to “risk-free” as it gets, but that reputation is looking shakier by…
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We’re honored to have Ned Gandevani, MBA, Ph.D., Economist, Fund Manager, Financial Strategist, and Harvard Business School faculty member join us as one of the headline speakers at TSAM Boston on June 2nd, at the Renaissance Boston Seaport Hotel. With global markets navigating volatility, geopolitical risk, and inflationary pressure, Dr. Gandevani will deliver must-hear insights…
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Recent sell-offs in U.S. equities, Treasuries, and the dollar have sparked fresh debate about American exceptionalism. Market skeptics see each dip as evidence of decline. But they’re missing something crucial: American economic dominance isn’t built on daily price swings—it’s woven into the very fabric of global finance.Let me show you why talks of America’s economic…
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The latest University of Michigan Consumer Sentiment Index and Bloomberg’s 5–10-year inflation expectations offer more evidence that the U.S. economy may be headed toward stagflation—a troubling mix of slowing economic growth and persistent inflation.• Consumer sentiment continues to decline, signaling reduced confidence in the economic outlook.• At the same time, long-term inflation expectations have hit…
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The markets are speaking, and they’re speaking loudly. Since the April 2nd tariff announcements, we’ve witnessed a significant shift in global trading patterns that’s raising eyebrows across trading floors. What’s driving this? Three key factors:• Growing uncertainty around U.S. trade policies• Questions about USMCA agreement stability• Accelerating trend of international markets decoupling from U.S. dependencies…
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Last week, something unusual happened in the financial markets. Actually, “unusual” might be an understatement – we witnessed something that’s about as rare as a triple rainbow. The U.S. stock market, bond market, and dollar all took a nosedive at the same time.Why should you care? Because the last time this happened, it preceded major…
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On April 2, 2025, President Donald Trump announced a series of new tariffs designed to address trade imbalances and bolster domestic manufacturing. These measures include a universal baseline tariff of 10% alongside higher, country-specific “reciprocal” tariffs aimed at nations with substantial trade surpluses with the U.S.These newly imposed tariffs carry significant economic consequences, particularly for…
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I am pleased to announce the publication of The Alternative Investment Handbook: A Comprehensive Guide to Analysis and Valuation Methods. This 470-page volume represents the culmination of two years of extensive research into alternative investment vehicles and their practical applications. The handbook provides an in-depth examination of three critical sectors: private credit markets, real estate…
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In light of Federal Reserve Chair Jerome Powell’s recent announcement indicating a downward revision of U.S. economic growth to 1.7% and an upward adjustment of the inflation forecast to 2.7% for this year, investors are increasingly concerned about the potential onset of stagflation—a scenario characterized by sluggish economic growth and elevated inflation.Constructing a resilient investment…
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As we progress through 2025, the U.S. economy is encountering a series of indicators that warrant close attention. Recent data and projections highlight potential headwinds that could influence economic stability and growth. Conclusion: Monitoring the Path AheadWhile a recession is not yet certain, these indicators collectively suggest that the U.S. economy is facing significant challenges.…
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