Global Perspectives

March’s inflation print showed that the disinflation trend remains quite bumpy.

Mixed economic data and less urgent rate cut talk from the Fed drove U.S. equities and bonds down for the week.

Strong economic data continues to come out of the U.S. Last week, the Bureau of Labor Statistics released data showing that the labor market added 303,000 nonfarm payroll jobs in March, far exceeding expectations of 214,000.

Ray Dalio recently released a piece titled “To Answer the Question of Why I Invest in China."

​​​U.S. corporate earnings are positive, but rich valuations and optimism about rate cuts could limit upside potential for U.S. equities this year.​​ 

People are chock full of cognitive biases, one of which is the negativity bias: We tend to pay more attention to ― and give more weight to negative information than positive information.