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Late Cycle Behavior

Feb 05 2022

Too Early For Curve Watching?

  • Feb 5, 2022

Last month, we published a table showing where we thought a variety of economic and financial-market measures lay along the economic recovery “continuum.” Although the upturn has officially entered just its 22nd month, the bulk of those measures looked “late cycle” in nature.

Nov 05 2021

Aging Prematurely

  • Nov 5, 2021

Regardless of one’s view on the maturity of today’s economic and market cycles, it’s hard to deny that the continuation of extraordinarily-loose economic policies is now causing those cycles to age prematurely. And no doubt it’s contributing to the premature “graying” of many market participants.