Markets Forecasting Markets

HCWE Publications

HCWE publications are available to clients and the public. Clients may request copies of all publications at any time. Students, researchers and the public may access legacy publication (more than two years old). See the following documents for recent and legacy publication lists:

Publication Highlights: Past month

Publications to date for current year: 2020

Legacy publications from 1992: Composite

Call: US 978-468-4575

The Markets Message
"The shape of the economy has changed in many respects, but in capital markets normalization is underway. "
Synopsis – 8/20
~ R. David Ranson, President
and Director of Research
HCWE & Co.

Publication Highlights as of September 1, 2020

Market-Driven Tools for Asset Allocation  Interest-Rate Outlook
Does a jump in inflation expectations imply inflation ahead?
The prices of energy and other commodities play a major role in the month-to-month variation of the inflation rate. They also influence expectations of inflation on the part of consumers. That may be why expected inflation jumped above 3 percent in May, according to the University of Michigan. It was just then that commodities began to bounce back from their pandemic-related collapse.
Market-Driven Tools for Asset Allocation  Equity-Market Outlook
Upside potential in smaller-cap stocks
Historically, when stock markets sell off, the prices of small-cap stocks are much more vulnerable than large caps. But once the rebound is under way, they out-perform.
Market-Driven Tools for Asset Allocation  Fixed-Income Barometer
"Market forecasts" for the coming twelve months as of September 1, 2020
Market-Driven Tools for Asset Allocation  International Barometer
"Market forecasts" for the coming twelve months as of September 1, 2020
Market-Driven Tools for Asset Allocation  Synopsis
Briefing Points on the Global Market Outlook, August 2020
The shape of the economy has changed in many respects, but in capital markets normalization is underway.

HCWE In the News

Wainwright in the news
bullet Gold Funds Fell ... Despite Coronavirus — Simon Constable, WSJ.com, April 5, 2020 Read
bullet Interview with Graham Walker, Independent Institute, April 24, 2020 View
bullet A Pandemic Is Not a Recession — R. D. Ranson, Independent Institute, April 14, 2020 Read
bullet Why You Shoudn't Count on an Economic Boom This Election Year — Randall Forsyth, Barron's, January 24, 2019 Read
bullet Why the Consumer Price Index Is Controversial — Barclay Palmer, Investopedia.com, June 25, 2019 Read