RESEARCH & THOUGHT PIECES FROM OUR TEAM

The rising shipping costs, in combination with unprecedented supply chain challenges and high demand, have forced some companies to take matters into their own hands to ensure they have the products they need in a timely fashion.

• The Wall Street Journal: "Robots Take Over Italy’s Vineyards...

Anyone who's ever tried to cook an elaborate dish only to be foiled by a missing ingredient can appreciate what manufacturers are wrestling with a year and a half into the pandemic. Many are stuck waiting for crucial parts that are out of stock or stuck in transit.

• NPR: "How A Single Missing...

Western housing shortages do not just prevent many from ever affording their own home. They also drive inequality, climate change, low productivity growth, obesity, and even falling fertility rates.

• Works In Progress: "The housing theory of everything"
• Bloomberg: "If Your CEO Talks Like Kant,...

For decades, Americans have enjoyed falling prices for cars, electronics and furniture. Until the Covid-19 pandemic, that is. For the past year, prices for durable goods have been rising—and not just by a little. Whether those prices come back down is a key part of the puzzle facing the...

As investors, we know the world is more interconnected than ever before. Social media allows us to connect with people from all over the globe: Zoom enables seamless video communication anywhere there is a data connection: Apple and Google have created platforms that put endless amounts of...

The U.S. response to climate change and decarbonization is ramping up, and putting a focus on the country’s electricity mix. As pressure has increased for near-term and immediate action after the UN’s latest IPCC report on climate change, major economies are starting to make bolder...

The White House, hoping to make good on Biden’s campaign promises ahead of the 2022 midterm elections, has billed the plan as a generational investment. The Senate overwhelmingly approved the $1 trillion infrastructure bill earlier this month in an effort to rebuild the nation’s...

Although no economy is the same and there are relevant differences between the Japanese and the US or European macro setup, we can learn quite a few things by studying what happened in a jurisdiction that experimented with QE and ‘‘QE + fiscal’’ already 20-30 years ago.

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The rise of Robinhood and the frenzy surrounding GameStop Corp. earlier this year signaled the growing importance of retail investors. The stock market had been largely dominated by institutional investors since the crash of 2008, but Covid-19 and the Federal Reserve’s accommodative...

The biggest wildcard for U.S. inflation over the next year doesn’t come from used cars or airline fares. Instead, it is housing.

• The Wall Street Journal: "Rising Rents Pose Risks to the Fed’s Inflation Outlook"
• Verdad: "Are Financial Crises Predictable"
• Reuters: "Global Venture...

A handful of powerful companies control the majority market share of almost 80% of dozens of grocery items bought regularly by ordinary Americans, new analysis reveals.

• The Guardian: "Revealed: The True Extent of America's Food Monopolies, and Who Pays the Price"
• Bloomberg: "Are Stratospheric...

Watch Managed Asset Portfolios President and CIO Michael Dzialo and Zachary S. Fellows, CFA Assistant Portfolio Manager and Senior Research Analyst, discuss how we view the economy, our outlook on inflation, and other secular trends impacting the market.