Market Matters from New York Life Investment Management

The Fed’s dual mandate might hold the key to understanding the recent relief rally. Lauren Goodwin and Julia Hermann dive into their report card on the Fed’s goals of prices stability and maximum employment.  

Lauren Goodwin and Julia Hermann provide a live look in the midst of Q4 earnings season and relate corporate reporting to macro developments. 

International assets from Europe to China have seen a strong rally over the past few months. In this episode, Lauren Goodwin and Julia Hermann put together the pieces contributing to the positive shift in sentiment and performance, and what global macro conditions may cause them to fade.  

The market has started 2023 off strong – but is it a temporary bear market rally or a more durable soft landing? In this episode, Lauren Goodwin and Julia Hermann discuss the shift in market drivers this year and investment strategies that can suit periods of macro uncertainty. 

Last week, the U.S. hit its debt ceiling. In this episode, Lauren Goodwin and Julia Hermann discuss what the new debt ceiling negotiation may mean for the markets, and the outlook for U.S. debt sustainability. 

While the coming year is full of uncertainty, we’ve observed that much of the financial community is hugging consensus views around inflation, interest rates, and the likelihood of recession. In this episode, Lauren, Julia and Michael discuss three “black swan” risks that have the potential to disrupt investor consensus.

In the early days of the pandemic, the Fed responded to severe market dislocations by announcing new corporate bond buying programs to stabilize the market. That choice has now led investors to question whether the Fed’s support of the market could be implied in future crises. Steven Friedman and Michael Depalma of MacKay Shields have recently published groundbreaking research on this question. Lauren Goodwin hosts Mr. Friedman on the show to share their conclusions. 

As we ring in the new year, Lauren, Julia and Michael present their 2023 investing resolutions. 

Many investors have forecast recession for next year. In this episode, our strategists share their high-conviction buys as the cycle turns. 

Lauren Goodwin, Julia Hermann, and Michael LoGalbo discuss part two of their 2023 Outlook. Recession looks likely for 2023 – what does it mean for investment positioning?