Feb 1, 2022 | Insights
IMPACT COMMENTARY “Global economic conditions remain good by historical standards and corporate-profit growth has been strong. However, the cycle is shifting. Moderating growth, the new Omicron variant and fading monetary stimulus have resulted in volatility in...
Jan 29, 2022 | Insights
Overview This month’s Scotsman’s note tackles a wide range of topics, beginning with the Omicron variant of SARS-CoV-2, the latest strain of the coronavirus to be designated a “variant of concern” by the World Health Organization (WHO). We then tackle new...
Nov 6, 2021 | Insights
Gordon Telfer, CIO, Co-Portfolio Manager, Newday Impact Overview This month’s note tackles falling COVID-19 cases, a wide range of economic developments, and the big three issues on my mind right now: the Chinese economic slowdown (a rising concern), supply chain...
Oct 29, 2021 | Insights
Overview The economic rebound from last year’s deep recession is likely behind us and some of the extreme dislocations that resulted from the COVID pandemic may be moderating. While the global economy is slowing, growth remains robust, and consumers are well...
Jul 19, 2021 | Insights
NEWDAY IMPACT WEEKLY RECAP COMMENTARY: JULY 19 2021 U.S. Markets: Growth Scare? A “growth scare” and resurgent Covid infections are causing bond yields to fall, leading to volatility and sector/country rotation. But, stable consensus growth, inflation, and rates...
Jul 12, 2021 | Insights
NEWDAY WEEKLY RECAP COMMENTARY, July 12, 2021 Markets: Another Record High for S&P 500 Source: Bloomberg The SPX rose 40-bps this week, closing at a new record high. Source: Bloomberg The 10-Year Treasury fell nearly 18-bps mid-week, before bouncing off...
