Chart of the Week

NDR: Another Golden Opportunity?

Gold’s recent sell-off tested its April lows and produced an oversold condition, as shown above. Is this an opportunity to buy on weakness within an ongoing uptrend? That was the case after the...

Chart of the Week

NDR:  Restrictive for longer

As expected, the FOMC left the fed funds target range at 5.25% to 5.50% for the seventh consecutive meeting. Powell gave no clear indication as to when a rate cut would come. Which begs the question,...

Wealth Management

NDR: Market Digest, June 2024 - A critical check on consumer sentiment

The “wealth effect” for consumers is evidenced by the significant increase in stock and real estate values. The value of equities and household real estate have substantially contributed to the surge...

Wealth Management

NDR: Economic data on growth and inflation is very mixed.

NDR's current view on Economic data on growth and inflation is mixed. We have below-trend but still decent growth this year and that CPI will be sticky around 3%. Recent data has shown that things...

Chart of the Week

NDR:  Tech-led advance

The S&P 500 advanced 4.8% in May, marking the highest return for the month of May since 2009. While all sectors except for Energy registered a gain, it was Technology and Communication Services that...

Chart of the Week

NDR: To Sell or not to sell in May? Challenging the cliché.

Does a strong summer rally challenge the old saying, “sell in May and go away?” Historically, the “sell in May” cyclical influence has not been as powerful during election years. Since 1950, the S&P...

In The News

NDR: Investors are in a 'Goldilocks environment'

Ed Clissold, NDR’s Chief U.S. Strategist discusses the impact of strong growth and low inflation during his latest interview with "Making Money." According to the numbers, Investors are in a...

Chart of the Week

NDR:  Why have stocks rallied despite higher rates?

One of NDR’s themes over the past two years has been that higher interest rates make stocks less attractive than bonds. Many of our clients have pondered, "Why not allocate some to fixed income when...

Wealth Management

NDR: Market Digest, May 2024 - Job openings & unemployment trends face a decline

The peak of the private sector job openings-to-unemployed ratio in March 2022 has now tapered off across various industries. Sectors such as construction, retail trade, and transportation are...

See the Signals

NDR: See the Signals, Episode 11

In this episode, NDR's Chief Economist Alejandra Grindal discusses the current state of the global economy. The global economy showed continued signs of accelerating momentum. However, successive...