Markets Forecasting Markets

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Market-driven tools for asset allocation and strategic investment


The Markets Message

HCWE supports the institutional investment community in formulating investment strategies through intelligent use of market data and superior understanding of how markets have behaved over time. Markets forecast Markets!

With many decades in the business of capital-market analysis and reporting, HCWE remains one of the most dependable resources for innovative research designed specifically for the institutional investor.

We distribute our research findings in a variety of periodic reports with telephone and video conferences and occasional on-site briefings.

Find out how HCWE Insight can work for you. Contact us at: +1(978)468-4575 or send us a message.

R. David Ranson,
President and
Director of Research,
HCWE & Co.


Highlights from Recent Publications

Authorized users can view recent publications by signing in and visiting the Archives

Market-Driven Tools for Asset Allocation  CPI MarketCast
A Market-based Forecast of Forthcoming Change in CPI Inflation - 02/27/2026
Forecast: An acceleration of 0.4 percentage points.
Market-Driven Tools for Asset Allocation  Junk-Bond MarketCast
12 months forward from the end of December 2025 - 01/31/2026
Today's market prices contain much information -- including information about tomorrow's economy and financial system. But which markets and what aspects of the future are questions that must be approached empirically.
Market-Driven Tools for Asset Allocation  Economy Watch
Why high income-tax rates affect the economy and stock markets oppositely - 01/25/2026
Broadly, economic growth and stock-market performance are positively related. But not always. A hike in federal income tax rates pushes real GDP down but the S&P up.
Market-Driven Tools for Asset Allocation  International Forecaster
Currency Debasement as an Investment Signal - 01/31/2026
Currency movements are an inverse leading indicator of emerging-maret performance. Country selection based on this principle in 2024-2025 would have been a success.
Market-Driven Tools for Asset Allocation  Synopsis
Briefing Points on the Global Market Outlook - 01/31/2026
US real GDP has been accelerating. But the outlook for inflation is bad. Washington is no longer pursuing a strong and stable dollar. The most favored asset class is gold.

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HCWE In the News

Wainwright in the news
bullet New! Think Inflation Is Cooling? Think Again. Randall W. Forsyth, Barrons.com, May 18, 2024 Read
bullet Dr. David Ranson's 2024 Financial Forecast, The Financial Quarterback, YouTube 2/10/2024 Play
bullet Taming the Inflation Beast, S. Constable, Briefings, Jan-Feb, 2024 Read
bullet What's Really Driving Inflation? It Ain't The Federal Reserve, S. Constable, Forbes.com, 8/28/23 Read
bullet What G.D.P.'s Cousin Can Tell Us About the Economy, P. Coy, New York Times, 8/8/23 Read
bullet How The Government Is Making The Silicon Valley Bank Crisis Worse, S. Constable, Forbes.com, 4/23/23 Read
bullet Why It's So Hard to Stop Inflation, Virtual Presentation, CFA Switzarland, 2/9/2023 Watch
bullet Norm Reversion for Oil Indicates Less-Than-Transitory Inflation, Opinion, Real Clear Markets, 3/6/2023 Read
bullet The Fed's Dim Chances - Podcast, The Independent Research Forum, 1/30/2023 [Play]
bullet Will Federal Reserve Rate Hikes Pull Down Inflation?, S. Constable, Forbes.com, 12/27/2022 Read
bullet Recession Still Nowhere To Be Seen, S. Constable, Forbes.com, 12/19/2022 Read
bullet Inflation Is About the Quality of Money, Not Quantity, David Ranson, Barron's - Economy & Policy, 11/25/22 Read

[more]