RESEARCH & THOUGHT PIECES FROM OUR TEAM

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...

How low can the market go?

That’s a question that has been pushed to the sidelines in recent days as stocks bounced from their latest bear-market low on hopes that the Federal Reserve might yet “pivot” to smaller interest rate increases, despite the central bank’s...

Global economic activity is experiencing a broad-based and sharper-than-expected slowdown, with inflation higher than seen in several decades. The cost-of-living crisis, tightening financial conditions in most regions, Russia’s invasion of Ukraine, and the lingering COVID-19 pandemic all...

All of our lifestyles are about to change in a major way, but the vast majority of the population still does not understand what is coming. Throughout our entire lives, we have always been able to depend on a couple of things. There would always be cheap gasoline to fuel our vehicles and there...

 The Mississippi River is flowing at its lowest level in at least a decade, and until rain relieves a worsening drought in the region, it’s becoming increasingly difficult to maintain water levels high enough to carry critical exports from the nation’s bread basket.

The...

After an unexpectedly hawkish Federal Reserve raised interest rates by 75 basis points for the third consecutive time last week, all eyes were on markets and the economy. Few, however, paid attention to the effect persistent inflation and higher interest rates will have on Uncle Sam...

• The Wall...

The Inflation Monster Rears Its Ugly Head

Stubbornly high inflation has forced the Federal Reserve (the Fed) to become aggressive on the interest rate front, raising rates five times in 2022. These higher interest rates created a hostile environment for most asset classes. Stocks, bonds, most...

Watch a recording of our latest Webinar hosted by MAP’s President & Chief Investment Officer, Michael Dzialo and MAP's Senior Portfolio Manager, Karen Culver, where we share our thoughts and insights on the markets and the economy.