Articles

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  MRB on CNBC – September 10, 2024

  “Today is a bit of the defensive rotation getting overdone,” said Phillip Colmar, global strategist at MRB Partners. “You end up with a lot of volatility as people get back from the summer, because we had markets positioned in a way that was set up for a lot — in the sense that we had high tech flyers and the Fed trying to justify rate cuts.”

  View article: Click Here, CNBC

   

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  MRB on MarketWatch and Morningstar – August 16, 2024

  “Aggressively selling stocks on the notion that Fed rate cuts are bad for risk assets is premature based on the weight of the economic evidence” notes Salvatore Ruscitti, U.S. equity strategist at MRB Partners.

  View article: Click Here, Morningstar

   

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  MRB on Kiplinger – May 15, 2024

  Phillip Colmar, MRB Partners Global Strategist, noted that the latest CPI release provided the Fed and bond investors some temporary comfort after the reacceleration in Q1, but inflation remains sticky at elevated levels, which will limit the window for rate cuts.

  View article: Click Here, Kiplinger

   

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  MRB on CNBC – May 15, 2024

  MRB Partners U.S. Equity Strategist Salvatore Ruscitti noted that the market’s initial focus on the lack of upside surprises in net interest income for U.S. banks was shortsighted and missed the more important takeaway, which is that the outlook for overall bank earnings is one of ongoing resiliency. 

  View article: Click Here, CNBC

   

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  MRB on Investing.com and msn – May 14, 2024

  MRB Partners global strategist Phillip Colmar spoke with Investing.com following the most recent Federal Reserve meeting. He noted that the data is likely to temporarily ebb in support of the Fed’s dovish bias, but that the underlying trend of solid economic growth and sticky inflation will persist, limiting the central bank’s ability to cut.

  View article: Click Here, Investing.com, msn

   

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  MRB on WSJ and msn – April 26, 2024

  “The bond market is waking up to the fact that inflation is stickier than we thought,” said Phillip Colmar, managing partner at the research firm MRB Partners. “That is causing a lot of volatility in equities.” Whereas optimism for a so-called soft landing of the economy buoyed a broad array of stocks starting late last year, Colmar expects choppy waters ahead.  “It is not a buy-everything rally now,” he said. 

  View article: Click Here, WSJ, msn

   

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  MRB on MarketWatch – April 25, 2024

  “The market is very attuned to inflation because Powell said the Fed doesn’t have enough evidence of inflation easing,” said Phillip Colmar of MRB Partners. “The components that drive inflation, were above trend in the GDP release, so he’s not going to have the confidence he needs to cut rates.”

  View article: Click Here, MarketWatch

   

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  MRB on Investing.com and msn – April 19, 2024

  “We would not add gold exposure at current prices, and view it as vulnerable on a 6-12 month horizon as forward markets will further unwind Fed rate cut expectations and bond yields have more upside,” Strategists at MRB Partners said in a Friday note.

  View article: Click Here, Investing.com, msn

   

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  MRB on CNBC – April 18, 2024

  “The prevailing consensus is that inflation’s recent pickup is an anomaly, and that inflation will return to its low pre-pandemic run-rate ahead,” says MRB Partners. “The last three CPI reports support MRB’s view that the consensus is mistaken.”

  View article: Click Here, CNBC, CNBC LA

   

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  MRB on Pension & Investment – April 17, 2024

  However, Peter Perkins, partner, global strategy and regional equities at research firm MRB Partners, cautioned that Japanese stocks are overbought and therefore vulnerable to a consolidation or correction phase.

  View article: Click Here, Pensions & Investment

   

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  MRB on Kiplinger – April 10, 2024

  “U.S. CPI inflation was hotter than expected yet again in March, narrowing the window further for Federal Reserve rate cuts. The past few months are consistent with our view that inflation will bottom out closer to 4% than 2%, and well above what is expected by the central bank and bond market.” – Phillip Colmar, managing partner and global strategist at MRB Partners.

  View article: Click Here, Kiplinger

   

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  MRB on MarketWatch and Morningstar – April 10, 2024

  The strength of the U.S. economy has continued to surprise even stock-market bulls, consistent with our view said Phillip Colmar, managing partner at MRB Partners. All the economic data has come in stronger than expected. We are seeing a pickup in manufacturing activity; the services sector is strong; we’ve even seen a pickup in housing, which is interest-rate sensitive.

  View article: Click Here, MarketWatch, Morningstar

   

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  MRB on Reuters – April 2, 2024

  “When the ISM data bounced up above the 50 line, it wiped out recession bets for a lot of people and also pulled forward or unwound rate cut expectations,” said Phillip Colmar, global strategist at MRB Partners in New York.

  View article: Click Here, Reuters, Yahoo! finance

   

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  MRB on Business Insider – March 31, 2024

  Inflation has also proved to be slightly stickier than the Fed would like, and it could stay that way, prompting the central bank to leave rates higher for longer. Higher inflation could cause long-term bond yields to rise further, according to Phillip Colmar, managing partner at MRB Partners.

  View article: Click Here, Business Insider

   

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  MRB on Investing.com – March 19, 2024

  “Our view is that as long as bond yields can consolidate around current levels, the equity market does have the green light to go higher, and we expect a broader participation in that rally, which we’ve already started to see,” Phillip Colmar global macro strategist at MRB Partners told Investing.com’s Yasin Ebrahim on Wednesday.  

  View article: Click Here, Investing.com