Central Banks

Shawn Richards

Mar 20, 2022
1 min

Pick Your Poison

The immediate impact of war in Ukraine is the increased level of uncertainty across nearly all sectors and regions. This can be evidenced by

15 views0 comments

Shawn Richards

Feb 17, 2022
1 min

Out of the Frying Pan?

The easing of relative risk over the last month is likely due to relative normalization rather than improvement in the underlying...

18 views0 comments

Shawn Richards

Jan 17, 2022
1 min

‘The Winter of Our Discontent’

In many ways, COVID continues to dominate the economic outlook. This is especially true as the U.S. passes through the heart of winter....

9 views0 comments

Shawn Richards

Jul 22, 2021
1 min

When is a Recovery not a Recovery?

From problems in China (non-performing loans & a clampdown on technology companies) to inflation, slowing employment growth, and...

9 views0 comments

Shawn Richards

Jun 19, 2021
1 min

Heating Up Or Cooling Off?

While investors view the labor reports as evidence that the Fed will remain patient, persistent inflation pressures may force the central...

12 views0 comments

Shawn Richards

May 16, 2021
1 min

Dancing in the Streets?

Summer’s here (almost), and the time is right for dancing in the streets, or how the song goes. The reality is that even though there are...

14 views0 comments

Shawn Richards

Mar 15, 2021
1 min

Mixed Signals

The sharp rise in long-term rates has muted growth in the broader market, and at this point, the S&P 500 is up <5% YTD. Historically the...

18 views0 comments

Shawn Richards

Jan 18, 2021
1 min

Same as it Ever Was

While the markets continue to push record highs, multiple risks to growth remain. These include delays to and unintended consequences...

8 views0 comments

Shawn Richards

Oct 20, 2020
1 min

Trust the Polls or the Odds?

With 14 days until the U.S. election, the average of state polls indicate a landslide, while the betting markets are less conclusive.

29 views0 comments

Shawn Richards

Oct 16, 2020
1 min

Towards a Winter of Discontent

With the U.S. election in 18-days, the expectation is that most investors will turn defensive unless there is a breakthrough on stimulus

12 views

Shawn Richards

Oct 1, 2020
1 min

Waiting for an October Surprise

With 33 days until the U.S. election, the race for the White House has shifted significantly in the past two weeks, with our model giving in

29 views

Shawn Richards

Sep 16, 2020
1 min

Mixed Messages

The sell-off was technical and has not been enough to slow markets as the S&P 500 is more nearly 48 percent since its low on March 23rd. How

20 views0 comments

Shawn Richards

Sep 15, 2020
1 min

Slip Slidin' Away

With 48 days until the U.S. election, the race for the White House has moved decidedly favor of the Republican candidate ...

48 views

Shawn Richards

Jul 5, 2020
1 min

Is the Free Market Dead?

Central bank interventions, while buoying investors, have distorted the markets...

13 views0 comments

Shawn Richards

Apr 15, 2020
1 min

MMXX: ANNUS HORRIBILIS

The spread of the COVID-19 virus is a human tragedy, and the Federal Reserve has buoyed investors, half measures and incompetence are decima

13 views0 comments

Shawn Richards

Mar 16, 2020
1 min

'The End of the Beginning'?

375 Park Associates Risk Index for March 2020

11 views