Latest From Wrought Insights

Sticky inflation looks to compel developed market (DM) central banks to crank policy rates higher – and keep policy tight for longer. The Federal Reserve paused last week but pointed to more hikes on the way. The European Central Bank (ECB) raised rates and made clear it wasn’t done. Others hiked after earlier pauses. We prefer emerging market (EM) debt due to looser policy potential, like recent rate cuts in China. We also like income opportunities such as short-dated bonds.

What does the debt ceiling debate mean for your portfolio?

Stocks and bonds have both rallied this year. Some see this as reason to return to traditional portfolio approaches like 60% stocks and 40% bonds.

The central bank trade-off between crushing activity or living with inflation is now impossible to ignore as economic damage and financial cracks emerge.

When it comes to investing, it's important to know how your brokerage and investment accounts are protected. Fortunately, there is a system in place to help safeguard your assets in the event that your brokerage firm encounters financial difficulties.

Stocks are starting to reflect the economic damage of rate hikes. We think earnings offer little support – expectations for this year are still too rosy.