RESEARCH & THOUGHT PIECES FROM OUR TEAM

A surge in hiring by American small businesses complicates the Federal Reserve’s effort to cool inflation. Small companies have been responsible for all of the net job growth in the U.S. since the onset of the Covid-19 pandemic and account for almost four out of five available job openings,...

Prices of services are rising quickly. Prices of goods are falling. Energy is all over the map. Policy makers and market watchers already strip out volatile components of price indexes to understand what is known as core inflation. These days, many are on the hunt for an even narrower measure: a...

Economist Campbell Harvey has had a winning track record since he showed in his dissertation at the University of Chicago decades ago that the shape of the bond yield curve was linked to the path of US economic activity.

U.S. recessions have been preceded by an inverted yield curve — when...

After being pressured during the first three quarters of the year, stocks moved higher during the fourth quarter, marking their first quarterly gain in 2022. However, for the year, stocks posted their worst performance since the Great Financial Crisis (GFC), as investors responded negatively to...

Watch this brief webinar hosted by MAP’s President and Chief Investment Officer, Michael Dzialo, and International Portfolio Manager, Peter Swan, as we discuss the rise of the U.S. dollar.

In energy and commodities, there’s stuff that’s always at least 10 years away. Fusion energy is one; asteroid mining is another. And so is peak oil demand. The problem is that a decade goes by, the prediction doesn’t come true, the goalposts are moved further out, and everyone...

MAP U.S. Multi-Cap Value Strategy

“Our strong long-term performance speaks to our team's ability to navigate through global economic triumph and turbulence during full market cycles. This is driven by our process, deep intellectual capital and a portfolio management team who has...

In October, the U.S. national debt reached $31 trillion, and the government is projected to wade another trillion dollars into the red in the 2023 fiscal year. The longer-term picture is even gloomier, with the deficit expected to double to $2 trillion by 2030.

• Stark Realities: "America's...

The average American household is spending $433 more a month to buy the same goods and services it did a year ago, according to a Moody’s Analytics analysis of October inflation data. While down slightly from than the $445 monthly figure in September, stubbornly high inflation is stretching...

Tax-Loss Harvesting

Investors may be hard-pressed to find positive-performing investments in their portfolios in 2022, a year that has seen the worst equity performance since the Global Financial Crisis, and the most severe bond market decline in almost half a century. While no one enjoys seeing...

Winning isn’t everything, it’s the only thing, according to the sports cliché. But now, just beating expectations seems to be enough to declare victory.

• Market Watch: "Inflation Isn’t Going Anywhere. History Says It Could Take A Decade To Get Back To Normal"
• CNBC: ...

In the most densely populated corner of the US, temperatures are about to drop after a stretch of unusually warm weather. And the signs of a winter crisis are already multiplying.

Heating oil delivered to New York is the priciest ever. Retailers in Connecticut are rationing it to prevent panic...