Recent Posts

Energy Pushes CPI Higher

June 12, 2026 Inflation returned to the center of the market narrative this week as the May Consumer Price Index

Strong Hiring Supports Growth

June 5, 2026 Employment data from this week reinforced that the US labor market remains on solid footing, pushing US

Strong Jobs, Cooling Inflation

May 29, 2026 Constructive comments from the White House on a continuation of the cease fire with Iran supported moderately lower Treasury

Iran Conflict, Oil, Jobs, Rates

The conflict with Iran and elevated oil prices continue to dominate market sentiment. The U.S. proposed a memorandum of understanding

Central Banks to the Rescue

The novel coronavirus pandemic that spread across the globe beginning in late 2019 and early 2020 presented nations with a crisis that threatened both the health of populations, as well as the vitality of national economies. As the pandemic spread, negative economic impacts resulting from pandemic mitigation measures were felt at a speed and scope not seen before. Prior economic recessions were often associated with asset bubbles, speculation, easy credit, or weak regulation. The blow to the global economy from COVID-19 was a new kind of shock; one tied to social distancing and quarantines that shuttered businesses, sealed borders, disrupted supply chains, eliminated jobs, increased financial market volatility, and left policy makers scrambling for solutions. Recovery efforts differed across borders, but the crisis engendered immediate and decisive action from central banks across regions, some of which were still recovering from the effects of the global financial crisis of 2008-09. Central banks implemented traditional recession-fighting weapons, but the speed, size, and magnitude of their efforts to address the COVID-induced recession were unprecedented as they were varied. Central banks continued to support their economies while stabilizing capital markets through monetary policy, maintaining open market operations, repurchase agreement facilities, lowering bank reserve requirements, reintroducing asset purchases, and creating capital market back-stops, all which provided much needed confidence and liquidity to a global financial system threatened by COVID-19.

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Holiday Closure Notice:

Chandler will be closed on Friday, June 19 in observance of Juneteenth.