The Long View
Monday Morning O’Malley
A weekly take on the economy and the market, from Dave O’Malley, Chairman & Chief Executive Officer of Penn Mutual Asset Management.
By David O'Malley | January 16, 2018
Last week’s inflation data came in slightly above expectations while most equity markets continued to rally. Stocks pushed to new all-time highs on optimism for economic growth, deregulation and a… Read More
By David O'Malley | December 18, 2017
After a lot of anticipation and a busy congressional review process this fall, it looks highly probable that tax reform will be passed into law this week. With the remaining holdout Republican Senators publicly announcing their support, the path is now clear for the largest change in tax policy in three decades.
By David O'Malley | December 11, 2017
This week, several key central banks are holding monetary policy meetings. The U.S. Federal Reserve (Fed), European Central Bank (ECB), Bank of England (BOE) and Swiss National Bank are all providing their last policy guidance of the year.
By David O'Malley | December 4, 2017
The events in Washington overshadowed the release of solid economic data last week. With consistent economic data emerging over the last few weeks, markets have shifted their primary attention to the events in Washington.
By David O'Malley | November 13, 2017
Tuesday’s release of the Producers Price Index (PPI) and Wednesday’s release of the Consumer Price Index (CPI) will be the economic data highlights this week. With inflation remaining stubbornly low despite strong employment conditions and the odds of a December interest rate increase running around 80%, the importance of the pace of inflation data takes on greater significance.
Opinions and statements of financial market trends that are based on current market conditions constitute judgment of the author and are subject to change without notice. The information and opinions contained in this material are derived from sources deemed to be reliable but should not be assumed to be accurate or complete. Statements that reflect projections or expectations of future financial or economic performance of the markets may be considered forward-looking statements. Actual results may differ significantly. Any forecasts contained in this material are based on various estimates and assumptions, and there can be no assurance that such estimates or assumptions will prove accurate.
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