Recent Posts

Rates Rise as Jobs Weaken

October 2, 2026 Employers added 29,000 jobs in September, well short of the 90,000 economists expected, and revisions removed a

Strong Data Sparks Yield Surge

September 25, 2026 Financial markets repriced the outlook for interest rates this week as incoming data pointed to continued economic

Fed Raises Rates

September 18, 2026 The Federal Open Market Committee (FOMC) raised the federal funds target range by a quarter point on

Fed Faces Tough Rate Decision

September 11, 2026 Inflation data took center stage this week ahead of next Wednesday’s Federal Open Market Committee (FOMC) and

Jobs Data Shifts Fed Outlook

September 4, 2026 The prior week’s Jackson Hole keynote by new Federal Reserve Chair Kevin Warsh struck a more hawkish

Fed Signals Patience

August 28, 2026 Federal Reserve Chair Kevin Warsh delivered his first Jackson Hole address this morning, placing inflation firmly at

Tightening Monetary Policy and Risk Management Considerations

Interest rates have increased significantly, and risk assets including equities and corporate bonds have materially underperformed on a year-to-date basis, as the market narrative regarding moderating inflation metrics in the second half of 2022 is challenged. Contributing factors to the underperformance of risk assets include escalating geopolitical conflicts as well as lingering COVID restrictions in China, exacerbating supply chain issues which have been in place since the onset of the pandemic. A theme for the Chandler team at the beginning of 2022 was markets were at an inflection point with policy accommodation poised to pivot via tightening monetary policy and the impact of prior fiscal stimulus waning. At the outset of 2022, expectations for monetary policy tightening were modest, however, as inflation metrics remained elevated the Federal Reserve turned more hawkish, with the Fed Funds rate increasing by 1.50% thus far in 2022, including 25 basis points in March, 50 basis points in May, and 75 basis points in June.

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Holiday Closure Notice:

Chandler will be closed on Monday, October 12 in observance of Columbus Day