FineMark

JANUARY 20, 2023

Hyman Minsky, American Economist (1919-1996) Hyman Minsky proposed theories linking market fragility and the normal economic cycle with speculative bubbles innate to financial markets. Seventy years of peace in Europe were shattered as Russia invaded Ukraine in February 2022. According to a speech delivered in November by U.S.

Economics 52

Economics Portfolio Equities Investors 52

FineMark

APRIL 13, 2023

Interestingly, throughout 2021 and 2022, there were no U.S. As we wrote in our Q4 2022 newsletter, we believe that the Fed will stop raising rates during the second quarter of 2023. If you missed our previous coverage, you can read our Q4 2022 newsletter here: [link].) Its economic effect will also be deflationary.

Banking 52

Banking Bank Investment Economics 52

FineMark

OCTOBER 17, 2023

The elevated inflationary period experienced in 2022, combined with challenging demographics faced by our nation, have contributed to this uptick. We believe many of these counter balances are nearing an end, and the economic impacts of the Fed’s policy, which are always felt on a lagged basis, will begin to manifest on Main Street soon.

S&P 52

S&P Investment Portfolio Corporation 52

FineMark

JULY 13, 2023

This came to pass in June as the Fed paused its rate-hiking cadence, which began in March 2022. Given the economic data, the Fed also had a more hawkish rate-tightening outlook than expected. In large measure, the hawkish tone of the Fed is driven by moral suasion and, to a lesser degree, recent economic data.

S&P 52

S&P Investment Bank Banking 52

FineMark

JANUARY 17, 2024

Eventually, the Consumer Price Index retracted, dropping from its peak of 9% in summer 2022 to its current rate of about 3%. Contributing to that growth were two significant happenings: America helped rebuild Europe and Japan, triggering economic benefits for our nation, and the largest generation in U.S. history was born.

S&P 52

S&P Equities Valuation Investment 52