Source: Global Economic Health Check, U.S. Bank Asset Management Group, February 3, 2023.

 

Weekly market analysis

U.S. non-farm payrolls rose by 517,000 jobs in January and the Bureau of Labor Statistics revised the prior two months higher by another 71,000 jobs. Learn what this means and more in the weekly market analysis.

 

2023 investment outlook: A tale of two halves

While the U.S. economy will likely struggle at the outset of 2023 due to higher interest rates, slowing inflation by the second half of the year could help support economic recovery and a more favorable investment environment.

News and updates

Stay informed on key topics likely to impact markets, the economy and investors.

Fed delivers 0.25% interest rate hike to cool inflation

February 3, 2023
The U.S. Bank investment team anticipates that in 2023, the Fed’s tighter monetary policy will contribute to decelerating economic growth, with inflation remaining a concern.

The effect of the job market on the economy.

The effect of the job market on the economy

February 7, 2023
Set against the backdrop of a slowing economy, the strong job market has drawn the attention of the Federal Reserve as it adjusts monetary policy to help curb inflation.

Federal Reserve recalibrates monetary policy to fight inflation.

Federal Reserve recalibrates monetary policy to fight inflation

February 3, 2023
With the Federal Reserve raising short-term interest rates and no longer providing liquidity to the bond market, investors should prepare for change as the Fed continues its fight against inflation.

The recovering value of the U.S. dollar and what it means for investors.

What does the fluctuating value of the U.S. dollar mean for investors?

February 2, 2023
Taking measure of global currency trends as you position your investment portfolio.

Fed delivers 0.25% interest rate hike to cool inflation.

Fed delivers 0.25% interest rate hike to cool inflation

February 1, 2023
The Federal Reserve hiked interest rates again today and signaled more increases may be coming. Learn what this may mean for markets, the economy and investors.

How rising interest rates impact the bond market.

How rising interest rates impact the bond market

February 1, 2023
With the Federal Reserve increasing interest rates to get inflation under control, what opportunities does this create for bond investors?

Is the economy at risk of a recession?

Is the economy at risk of a recession?

January 30, 2023
The Federal Reserve is focused on fighting inflation with aggressive policy moves intended to slow consumer demand. Does this put the economy at risk of a recession in 2023?

How commodity prices can impact the market and inflation.

How commodity prices can impact the market and inflation

January 30, 2023
What opportunities does today’s volatile commodities market offer investors?

How do supply chain issues contribute to inflation?

How do supply chain issues contribute to inflation?

January 25, 2023
While constraints have eased, ongoing supply chain issues continue to exert an inflationary influence on some sectors of the global economy.

Russia-Ukraine conflict and its continued impact on global markets.

Russia-Ukraine conflict and its continued impact on global markets

January 23, 2023
The most significant military conflict in Europe since World War II, the Russia-Ukraine war creates particular challenges for the global economy.

How far will the market correction go?

How far will the market correction go?

January 20, 2023
With stocks slipping in and out of bear market territory, learn how the market correction and ongoing volatility could impact your investments in 2023.

The debt ceiling debate in focus.

The debt ceiling debate in focus

January 20, 2023
With the U.S. government’s authority to borrow money bumping up against the federally mandated debt limit in 2023, is a political confrontation brewing that could impact capital markets?

Treasury yields invert as investors weigh risk of recession.

Treasury yields invert as investors weigh risk of recession

January 17, 2023
What does an inverted yield curve say about the economy’s prospects for a recession?

Analysis: How persistent might inflation be?

Analysis: How persistent might inflation be?

January 17, 2023
Inflation spiked sharply over the past year. Learn what this could mean for your finances and if there’s any end in sight to higher prices.

Secure Act 2.0: How new legislation could change the way you save for retirement.

Secure Act 2.0: How new legislation could change the way you save for retirement

January 6, 2023
The Secure Act 2.0, signed into law at the end of 2022, may empower you to reach your savings goals sooner and offer more flexibility in retirement.

Understanding tax law changes.

Understanding tax law changes

January 6, 2023
Learn what new tax law changes included in the Inflation Reduction Act and SECURE Act 2.0 may mean for you.

How do rising interest rates affect the stock market?

How do rising interest rates affect the stock market?

December 13, 2022
With interest rates going up this year, learn what the likely ripple effect across capital markets may mean for investor portfolios in 2023.

Stock market under the Biden administration.

Stock market under the Biden administration

December 8, 2022
Explore how the stock market has fared so far under the Biden administration and what to expect moving forward.

The impact of rising interest rates on the housing market.

The impact of rising interest rates on the housing market

November 28, 2022
The Federal Reserve’s aggressive war on inflation is slowing the housing market and curbing investor appetite for real estate. Learn how this could impact the broader economy and investors.

2022 midterm election results: A review of capital market implications.

2022 midterm election results: A review of capital market implications

November 9, 2022
While the adage “markets like political gridlock” may hold true, our investment strategists anticipate more nuanced capital market implications stemming from the results of this year’s midterm elections.

How midterm elections affect the stock market.

How midterm elections affect the stock market

October 11, 2022
The 2022 midterm elections are coming up—but could the result affect your portfolio? Our historical analysis offers some food for thought.

Investment portfolio tactics in a challenging market.

Investment portfolio tactics in a challenging market

September 28, 2022
Tactical positioning, dollar cost averaging and rebalancing can help enhance investment returns and manage overall portfolio risk.

Financial planning considerations when inflation is high and interest rates are rising.

Financial planning considerations when inflation is high and interest rates are rising

September 21, 2022
The resurgence of inflation combined with rising interest rates creates challenges for investors. These tactical considerations can help you navigate today’s unique market dynamics.

Higher-than-expected inflation puts downward pressure on markets.

Higher-than-expected inflation puts downward pressure on markets

September 13, 2022
Stock and bond prices fell on Tuesday reflecting heightened investor concerns surrounding the release today of a report showing higher-than-expected inflation. Learn more in this situation analysis from our asset management and economics teams.

Higher-than-expected inflation puts downward pressure on markets.

What is tax loss harvesting?

August 17, 2022
With major stock market indices down in 2022, a portion of your portfolio may be in the red. Tax-loss harvesting is a strategy that may provide some relief from investment losses by potentially reducing your tax liability.

Media mentions

Stocks set to open lower as strong U.S. jobs report sparks rate hike worries

2.6.23 | Barchart | Article

Head of public markets due diligence for U.S. Bank Wealth Management, Lisa Erickson, discusses how the recent jobs report may impact efforts by the Federal Reserve to reduce inflation.

Inverted yield curve: What this key market indicator means for your 401(k)

2.6.23 | Money | Article

“An inverted yield curve tells us that something is unnatural in market proxies, that there's something wrong in the pricing function of money,” says Bill Merz, head of capital markets research at U.S. Bank Wealth Management.

Stocks slip as worries about interest rates weigh on Wall Street

2.6.23 | Associated Press | Article

Stocks are currently in a “go nowhere fast zone after a superb January performance,” said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management.

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